Home/Filings/4/0001181431-07-030952
4//SEC Filing

HYDRIL CO 4

Accession 0001181431-07-030952

CIK 0001116030operating

Filed

May 8, 8:00 PM ET

Accepted

May 9, 3:03 PM ET

Size

12.5 KB

Accession

0001181431-07-030952

Insider Transaction Report

Form 4
Period: 2007-05-07
COX JERRY
Director
Transactions
  • Disposition to Issuer

    Deferred Share Units

    2007-05-07$97.00/sh6,500$630,5000 total
    Common Stock (6,500 underlying)
  • Disposition to Issuer

    Employee stock option (right to buy)

    2007-05-07$68.21/sh2,001$136,4880 total
    Exercise: $28.79Exp: 2014-06-01Common Stock (2,001 underlying)
  • Disposition to Issuer

    Employee stock option (right to buy)

    2007-05-07$69.83/sh1,001$69,9050 total
    Exercise: $27.16Exp: 2013-06-01Common stock (1,001 underlying)
  • Disposition to Issuer

    Common Stock

    2007-05-07$97.00/sh2,000$194,0000 total
Footnotes (4)
  • [F1]Pursuant to a merger agreement between the issuer and Tenaris S.A., these shares were disposed of for $97.00 per share at the effective time of the merger.
  • [F2]The reporting person was granted 2,500, 2,000 and 2,000 deferred share units on June 1, 2004, 2005 and 2006, respectively. The deferred share units were to vest and become payable in full on the third anniversary of the grant date. Upon vesting, the deferred share units are settled in cash at the fair market value of the common stock on a one-for-one basis. The units were cancelled pursuant to the merger between the issuer and Tenaris, S.A. in exchange for a payment of $97.00 per unit.
  • [F3]The reporting person was granted options to purchase 3,000 shares of common stock on June 1, 2003, which became excersiable in three equal installments beginning June 1, 2004. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $69.835 per share, representing the difference between $97.00 and the exercise price of the options.
  • [F4]The reporting person was granted options to purchase 3,000 shares of common stock on June 1, 2004, which became excersiable in three equal installments beginning June 1, 2005. The unexercised portion of these options were cancelled in the merger in exchange for a payment of $68.21 per share, representing the difference between $97.00 and the exercise price of the options.

Issuer

HYDRIL CO

CIK 0001116030

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001116030

Filing Metadata

Form type
4
Filed
May 8, 8:00 PM ET
Accepted
May 9, 3:03 PM ET
Size
12.5 KB