Ansorge Mark David 4
4 · Warner Music Group Corp. · Filed Jul 22, 2011
Insider Transaction Report
Form 4
Ansorge Mark David
EVP, Human Resources
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$1.91/sh−16,000$30,560→ 0 totalExercise: $6.34→ Common Stock, par value $0.001 (16,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20−11,000→ 0 totalExercise: $17.00→ Common Stock, par value $0.001 (11,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-07-20$0.69/sh−75,000$51,750→ 0 totalExercise: $7.56→ Common Stock, par value $0.001 (75,000 underlying)
Footnotes (2)
- [F1]Disposition in connection with the merger (the "Merger") of Airplanes Merger Sub, Inc. with and into Warner Music Group Corp., exempt pursuant to Rule 16-3, in which all options were cancelled in exchange for a cash payment equal to the excess, if any, of $8.25 over the exercise price.
- [F2]All options became vested and were cancelled upon consummation of the Merger.