NAUTICA ENTERPRISES INC 4
4 · NAUTICA ENTERPRISES INC · Filed Aug 29, 2003
Insider Transaction Report
Form 4
SCHERER CHARLES
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to buy)
2003-08-27−8,000→ 0 totalExercise: $11.28From: 2003-08-27Exp: 2009-04-09→ Common Stock (8,000 underlying) - Disposition to Issuer
Common Stock
2003-08-27$17.00/sh−1,000$17,000→ 0 total(indirect: By Daughter.)
Footnotes (2)
- [F1]Disposed of pursuant to the merger agreement between the issuer and V.F. Corporation in exchange for $17,000.
- [F2]This option, which provided for vesting in five equal installments beginning 4/9/1999, was canceled in the merger between the issuer and V.F. Corporation in exchange for a cash payment of $45,760, representing the difference between the exercise price of the option and the merger consideration of $17 per share.