CAMPBELL GORDON 4
4 · BELL MICROPRODUCTS INC · Filed Jul 6, 2010
Insider Transaction Report
Form 4
CAMPBELL GORDON
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-07-06$1.21/sh−7,500$9,075→ 0 totalExercise: $5.79Exp: 2011-05-24→ Common Stock (7,500 underlying) - Disposition to Issuer
Common Stock
2010-07-06$7.00/sh−13,000$91,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-07-06$5.25/sh−22,500$118,125→ 0 totalExercise: $1.75Exp: 2019-08-27→ Common Stock (22,500 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated March 28,2010, by and among Avnet, Inc., AVT Acquisition Corp. and Bell Microproducts, Inc. each share of common stock was exchanged for $7.00 in cash on the effective date of the merger.
- [F2]This option, which provided for 100% vesting on date of grant on August 27, 2009, was canceled on the effective date of the merger in exchange for a cash payment representing the difference between the exercise price of such stock option and $7.00 per share.
- [F3]This option, which provided for 100% vesting on date of grant on May 24, 2006, was canceled on the effective date of the merger in exchange for a cash payment representing the difference between the exercise price of such stock option and $7.00 per share.