4//SEC Filing
HYDRIL CO 4
Accession 0001181431-07-031199
CIK 0001116030operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 6:15 PM ET
Size
15.0 KB
Accession
0001181431-07-031199
Insider Transaction Report
Form 4
HYDRIL COHYDL
Danford Michael Dewayne
Vice President-Human Resources
Transactions
- Disposition to Issuer
Common Stock
2007-05-07$97.00/sh−1,198$116,206→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$69.83/sh−1,080$75,422→ 0 totalExercise: $27.16Exp: 2013-06-01→ Common Stock (1,080 underlying) - Disposition to Issuer
Employee Stock Option
2007-05-07$68.21/sh−1,620$110,500→ 0 totalExercise: $28.79Exp: 2014-06-01→ Common Stock (1,620 underlying) - Disposition to Issuer
Restricted Stock Units
2007-05-07$97.00/sh−5,250$509,250→ 0 total→ Common Stock (5,250 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2007-05-07$71.51/sh−500$35,755→ 0 totalExercise: $25.49Exp: 2012-05-21→ Common Stock (500 underlying)
Footnotes (6)
- [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 options to purchase 2,500 shares of common stock on May 21, 2002, which became exercisable in five equal installments beginning May 21, 2003. The unvested portion of these options were cancelled in the merger in exchange for a payment of $71.51 per share, representing the difference between $97.00 and the exercise price of the option.
- [F3]The reporting person was granted options to purchase 2,700 shares of common stock on June 1, 2003, which became exercisable in five equal installments beginning June 1, 2004. The unvested 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 option.
- [F4]The reporting person was granted options to purchase 2,700 shares of common stock on June 1, 2004, which became exercisable in five equal installments beginning June 1, 2005. The unvested 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.
- [F5]The reporting person was granted 1,000, 1,000, 1,200, and 2,650 restricted stock units on June 1, 2003, 2004, 2005 and 2006, respectively. The units vest 60% on the third anniversary of the date of grant and 20% on each of the fourth and fifth anniversary of the date of grant. The unvested portion of these units was cancelled pursuant to the merger in exchange for $97.00 per unit.
- [F6]None.
Documents
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, 6:15 PM ET
- Size
- 15.0 KB