Povich Lon F 4
4 · BJS WHOLESALE CLUB INC · Filed Oct 4, 2011
Insider Transaction Report
Form 4
Povich Lon F
EVP, Gen Counsel & Secretary
Transactions
- Disposition to Issuer
Employee stock option (right to buy)
2011-09-30−50,000→ 0 totalExercise: $32.20Exp: 2017-03-09→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2011-09-30$51.25/sh−58,286$2,987,158→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to Agreement and Plan of Merger by and among Beacon Holding Inc., Beacon Merger Sub Inc. and the Company dated June 28, 2011 for merger consideration of $51.25 per share.
- [F2]The option which was fully vested on 3/9/11 was cancelled in the merger in exchange for a cash payment equal to $19.05 per share (representing the difference between the exercise price of the option and the merger consideration).