RFS HOTEL INVESTORS INC 4
4 · RFS HOTEL INVESTORS INC · Filed Jul 15, 2003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (1)
- [F1]All unvested portions of these options were accelerated pursuant to the terms of the merger agreement. After such accelerated vesting, this option was cancelled in the merger in exchange for an aggregate cash payment of $157,917.00, representing the difference between the exercise price of the option and the per share merger consideration ($12.35 per share). An additional 141,667 options, which were exercisable for a price greater than the merger consideration ($12.35 per share), were cancelled pursuant to the terms of the merger agreement without consideration above that which was paid for options listed in the table above.