BROWN DAVID L 4
4 · NATIONAL DENTEX CORP /MA/ · Filed Aug 2, 2010
Insider Transaction Report
Form 4
BROWN DAVID L
DirectorPresident, and CEO
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$3.50/sh−58,500$204,750→ 0 totalExercise: $13.50From: 2004-01-23Exp: 2011-01-23→ Common Stock $.01 par value (58,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$3.63/sh−91,500$332,447→ 0 totalExercise: $13.37From: 2004-04-10Exp: 2011-04-10→ Common Stock $.01 par value (91,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$3.63/sh−12,000$43,600→ 0 totalExercise: $13.37From: 2006-01-21Exp: 2013-01-21→ Common Stock $.01 par value (12,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$5.00/sh−53,334$266,670→ 0 totalExercise: $12.00From: 2011-09-08Exp: 2018-09-08→ Common Stock $.01 par value (53,334 underlying) - Disposition to Issuer
Common Stock, $.01 par value
2010-07-29$17.00/sh−68,072$1,157,224→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$0.55/sh−18,000$9,841→ 0 totalExercise: $16.45From: 2005-01-22Exp: 2012-01-22→ Common Stock $.01 par value (18,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2010-07-29$12.93/sh−30,000$387,900→ 0 totalExercise: $4.07From: 2012-04-17Exp: 2019-04-17→ Common Stock $.01 par value (30,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to Merger Agreement among GDC Holdings, Inc., Royal Acquisition Corp., and issuer (the"Merger") in exchange for the right to recieve a cash payment of $17.00 per share.
- [F2]These options, which were immediately exercisable, were cancelled in connection with the Merger in exchange for a cash payment equal to $204,750.00, representing the difference between the exercise price of the option and $17.00 per share.
- [F3]These options, which were immediately exercisable, were cancelled in connection with the Merger in exchange for a cash payment equal to $332,446.95, representing the difference between the exercise price of the option and $17.00 per share.
- [F4]These options, which were immediately exercisable, were cancelled in connection with the Merger in exchange for a cash payment equal to $9,840.60, representing the difference between the exercise price of the option and $17.00 per share.
- [F5]These options, which were immediately exercisable, were cancelled in connection with the Merger in exchange for a cash payment equal to $43,599.60, representing the difference between the exercise price of the option and $17.00 per share.
- [F6]These options, which provided for equal vesting in 2011 and 2012 if certain performance goals were met, were cancelled in connection with the Merger in exchange for a cash payment equal to $266,670.00, representing the difference between the exercise price of the option and $17.00 per share.
- [F7]These options, which provided for equal vesting in 2011 and 2012, were cancelled in connection with the Merger for a cash payment of $387,900.00, representing the difference between the exercise price of the option and $17.00 per share.