DUPONT PHOTOMASKS INC 4
4 · DUPONT PHOTOMASKS INC · Filed Apr 26, 2005
Insider Transaction Report
Form 4
NORTHUP JAMES R
EVP Sales & Marketing
Transactions
- Disposition to Issuer
Common Stock
2005-04-22$27.00/sh−4,577$123,579→ 0 total - Disposition to Issuer
Employee Stock Option
2005-04-22−103,133→ 0 total→ Common stock (103,133 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement) among Toppan Printing Co., Ltd. ("Toppan"), Toppan Corporation ("Merger Sub") and DuPont Photomasks, Inc. (the "Company"), on April 22, 2005, all unexercised options to purchase the Company's common stock (both vested and nonvested) were cancelled, and for each such stock option that had an exercise price less than $27.00 per share, the optionholder will receive an amount in cash equal to (a) the difference between $27.00 and the per share exercise price of the option, multiplied by (b) the number of shares subject to the option. In addition, under the terms of the Merger Agreement, all shares of Company common stock were converted into the right to receive $27.00 in cash.
- [F2]Options were issued at exercise prices between $15.96 and $24.48.