Rivers Christopher I.S. 4
4 · SMITH INTERNATIONAL INC · Filed Aug 31, 2010
Insider Transaction Report
Form 4
Rivers Christopher I.S.
President & CEO, M-I SWACO
Transactions
- Disposition to Issuer
Common Stock
2010-08-27−85,907→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−4,680→ 0 totalExercise: $15.38From: 2004-12-05Exp: 2010-12-05→ Common Stock (4,680 underlying) - Disposition to Issuer
Common Stock
2010-08-27−7,150→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−18,000→ 0 totalExercise: $19.41Exp: 2013-12-22→ Common Stock (18,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−16,500→ 0 totalExercise: $17.36Exp: 2012-12-03→ Common Stock (16,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−11,560→ 0 totalExercise: $11.75Exp: 2011-12-04→ Common Stock (11,560 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-08-27−9,600→ 0 totalExercise: $28.13Exp: 2014-12-07→ Common Stock (9,600 underlying)
Footnotes (6)
- [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, 2005, Dec. 7, 2006, Dec. 7, 2007 and Dec. 7, 2008, was converted pursuant to the Merger Agreement into an option to purchase 6,687 shares of Schlumberger common stock at $40.39 per share, with the same terms and conditions as the original Smith option.
- [F3]This option, which provided for vesting in equal installments on Dec. 2, 2004, Dec. 2, 2005, Dec. 2, 2006 and Dec. 2, 2007, was converted pursuant to the Merger Agreement into an option to purchase 12,538 shares of Schlumberger common stock at $27.87 per share, with the same terms and conditions as the original Smith option.
- [F4]This option, which provided for vesting in equal installments on Dec. 3, 2004, Dec. 3, 2005, and Dec. 3, 2006, was converted pursuant to the Merger Agreement into an option to purchase 11,493 shares of Schlumberger common stock at $24.93 per share, with the same terms and conditions as the original Smith option.
- [F5]This option, which provided for vesting in equal installments on Dec. 4, 2004 and Dec. 4, 2005, was converted pursuant to the Merger Agreement into an option to purchase 8,052 shares of Schlumberger common stock at $16.87 per share, with the same terms and conditions as the original Smith option.
- [F6]This option was converted pursuant to the Merger Agreement into an option to purchase 3,260 shares of Schlumberger common stock at $22.08 per share, with the same terms and conditions as the original Smith option.