4//SEC Filing
LESCO INC/OH 4
Accession 0001395166-07-000012
CIK 0000745394operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 5:58 PM ET
Size
10.0 KB
Accession
0001395166-07-000012
Insider Transaction Report
Form 4
LESCO INC/OHLSCO
Doggett Richard F
Sr. VP, Sales
Transactions
- Disposition to Issuer
Common Shares
2007-05-07$14.50/sh−428$6,206→ 0 total - Disposition to Issuer
Common Shares (Restricted)
2007-05-07$14.50/sh−3,000$43,500→ 0 total - Disposition to Issuer
Options to Purchase Common Shares
2007-05-07$2.58/sh−15,000$38,625→ 0 totalExercise: $11.93From: 2006-09-20Exp: 2007-05-07→ Common Shares (15,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger ("Merger Agreement"), dated February 19, 2007, among Deere & Company, Deere Merger Sub, Inc. and LESCO, Inc., and the transactions contemplated thereby, the restricted common shares of LESCO, Inc. vested prior to the effective time of the merger. The common shares were then disposed of pursuant to the merger with Deere & Company.
- [F2]Disposed of pursuant to the merger with Deere & Company.
- [F3]Pursuant to the Merger Agreement and the transactions contemplated thereby, options to purchase common shares fully vested and were converted into the right to receive, without interest and less applicable withholding taxes, an amount in cash equal to the product of: (x) the excess, if any, of $14.50 over the exercise price per common share subject to that option multiplied by (y) the aggregate number of common shares underlying that option immediately prior to the effective time.
- [F4]The Option was vested with respect to 10,000 common shares on 9/20/2006 and was schedule to vest with respect to the remaining 5,000 shares on 9/20/2007.
Documents
Issuer
LESCO INC/OH
CIK 0000745394
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000745394
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 5:58 PM ET
- Size
- 10.0 KB