4//SEC Filing
SMITH INTERNATIONAL INC 4
Accession 0001439706-10-000035
CIK 0000721083operating
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 1:39 PM ET
Size
13.6 KB
Accession
0001439706-10-000035
Insider Transaction Report
Form 4
KENNEDY JOHN J
President & CEO Wilson
Transactions
- Disposition to Issuer
Common Stock
2010-08-27−93,147→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−8,000→ 0 totalExercise: $28.13Exp: 2014-12-07→ Common Stock (8,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−22,500→ 0 totalExercise: $19.41From: 2007-12-02Exp: 2013-12-22→ Common Stock (22,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of February 21, 2010, by and among Schlumberger Limited ("Schlumberger"), Turnberry Merger Sub Inc., and Smith International, Inc. ("Smith"), in exchange for .6966 shares of Schlumberger common stock per share of Smith common stock on August 27, 2010. Any fractional share will be paid in cash.
- [F2]This option, which provided for vesting in equal installments on Dec. 7, 2007 and Dec. 7, 2008, was converted pursuant to the Merger Agreement into an option to purchase 5,572 shares of Schlumberger common stock at $40.39 per share, with the same terms and conditions as the original Smith option.
- [F3]This option was converted pursuant to the Merger Agreement into an option to purchase 15,673 shares of Schlumberger common stock at $27.87 per share, with the same terms and conditions as the original Smith option.
Issuer
SMITH INTERNATIONAL INC
CIK 0000721083
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000721083
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 1:39 PM ET
- Size
- 13.6 KB