GILMORE ROBERT R 4
4 · LAYNE CHRISTENSEN CO · Filed Jun 14, 2018
Insider Transaction Report
Form 4
GILMORE ROBERT R
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2018-06-14−279.36→ 0 total→ Common Stock (279.36 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-06-14−706→ 0 total→ Common Stock (706 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-06-14−2,721→ 0 total→ Common Stock (2,721 underlying) - Disposition to Issuer
Restricted Stock Units
2018-06-14−5,650→ 0 total→ Common Stock (5,650 underlying) - Disposition to Issuer
Common Stock
2018-06-14−22,962→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2018-06-14−3,000→ 0 total→ Common Stock (3,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-06-14−1,309→ 0 total→ Common Stock (1,309 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-06-14−14,937→ 0 total→ Common Stock (14,937 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and Granite Construction Incorporated ("Granite") in exchange for 6,199.74 shares of Granite common stock having a market value of $58.11 per share on the effective date of the merger.
- [F2]These Phantom Stock Units were accrued under the Layne Christensen Company Deferred Compensation Plan for Directors and were canceled in the merger in exchange for a cash payment of $4,353.87.
- [F3]This option was canceled in the merger without consideration.
- [F4]This option was canceled in the merger in exchange for a cash payment of $127,829.35, representing the difference between the exercise price of the option and the market value of the underlying Layne common stock on the effective date of the merger ($15.5979 per share).
- [F5]These restricted stock units were canceled in the merger in exchange for a cash payment of $88,128.14.