Sheehan Michael J 4
4 · BJS WHOLESALE CLUB INC · Filed Oct 4, 2011
Insider Transaction Report
Form 4
Sheehan Michael J
Director
Transactions
- Disposition to Issuer
Common Stock
2011-09-30$51.25/sh−11,900$609,875→ 0 total - Disposition to Issuer
Option (right to buy)
2011-09-30−10,000→ 0 totalExercise: $34.62Exp: 2018-03-27→ Common Stock (10,000 underlying)
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 3/1/11 was cancelled in the merger in exchange for a cash payment equal to $16.63 per share (representing the difference between the exercise price of the option and the merger consideration).