GESSNER LEE 4
4 · THOMAS NELSON INC · Filed Jul 13, 2004
Insider Transaction Report
Form 4
GESSNER LEE
Other
Transactions
- Exercise/Conversion
Stock Option - Right to Buy
2004-07-13$7.05/sh−2,000$14,100→ 27,688 totalExercise: $7.05From: 2002-05-16Exp: 2011-05-16→ Thomas Nelson Common Stock (29,688 underlying) - Exercise/Conversion
Thomas Nelson Common Stock
2004-07-13$7.05/sh+2,000$14,100→ 7,597 total - Sale
Thomas Nelson Common Stock
2004-07-13$21.07/sh−2,000$42,150→ 5,597 total
Footnotes (5)
- [F1]Exercise of an in-the-money stock option, exempt under Section 16b-3, is reported as a disposition of a derivative security and an acquisition of a Direct Interest in the underlying securities.
- [F2]Price of option was determined at FMV on date of grant 5/16/2001
- [F3]Open market sale of securities, exempt under Section 16b-3, is reported as a disposition of a Direct Interest
- [F4]Average realized price of securities sold...range was $21.00 to $21.15
- [F5]Options vest, or become exercisable in 1/3 increments on the anniversary dates from the date of grant.