4//SEC Filing
BANCO ITAU S A 4
Accession 0001209191-03-027932
CIK 0001100395other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 7:27 AM ET
Size
28.2 KB
Accession
0001209191-03-027932
Insider Transaction Report
Form 4
BANCO ITAU S A
10% Owner
Transactions
- Exercise of In-Money
Call Option for Class A Common Stock
2003-10-24−1,320,833→ 0 total(indirect: See footnote)Exercise: $8.12From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,320,833 underlying) - Exercise of In-Money
Class A Common Stock, par value $.01 per share
2003-10-24$8.00/sh+3,963,292$31,706,336→ 31,976,132 total - Expiration
Put Option for Class A Common Stock
2003-10-24−1,320,834→ 0 total(indirect: See footnote)Exercise: $3.04From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,320,834 underlying) - Exercise of In-Money
Call Option for Class A Common Stock
2003-10-24−1,980,459→ 0 totalExercise: $8.00From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,980,459 underlying) - Exercise of In-Money
Call Option for Class A Common Stock
2003-10-24−1,320,834→ 0 total(indirect: See footnote)Exercise: $3.04From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,320,834 underlying) - Expiration
Put Option for Class A Common Stock
2003-10-24−713,250→ 0 total(indirect: See footnote)Exercise: $8.08From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (713,250 underlying) - Exercise of In-Money
Class A Common Stock, par value $.01 per share
2003-10-24$8.08/sh+713,250$5,761,919→ 35,990,674 total(indirect: See footnote) - Exercise of In-Money
Class A Common Stock, par value $.01 per share
2003-10-24$3.03/sh+1,320,834$4,002,920→ 37,311,508 total(indirect: See footnote) - Exercise of In-Money
Class A Common Stock, par value $.01 per share
2003-10-24$8.00/sh+1,980,459$15,843,672→ 33,956,591 total - Exercise of In-Money
Call Option for Class A Common Stock
2003-10-24−713,250→ 0 total(indirect: See footnote)Exercise: $8.08From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (713,250 underlying) - Exercise of In-Money
Class A Common Stock, par value $.01 per share
2003-10-24$8.12/sh+1,320,833$10,726,089→ 35,277,424 total(indirect: See footnote) - Exercise of In-Money
Call Option for Class A Common Stock
2003-10-24−3,963,292→ 0 totalExercise: $8.00From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (3,963,292 underlying) - Expiration
Put Option for Class A Common Stock
2003-10-24−3,963,292→ 0 totalExercise: $8.00From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (3,963,292 underlying) - Expiration
Put Option for Class A Common Stock
2003-10-24−1,980,459→ 0 totalExercise: $8.00From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,980,459 underlying) - Expiration
Put Option for Class A Common Stock
2003-10-24−1,320,833→ 0 total(indirect: See footnote)Exercise: $8.12From: 2003-10-24Exp: 2003-10-24→ Class A Common Stock (1,320,833 underlying)
Footnotes (5)
- [F1]Banco Ita??, S.A. ("Ita??") may be deemed to beneficially and indirectly own all of the shares held by Ita?? Bank, Ltd. ("Ita?? Bank", a Cayman Limited Liability Company and a wholly-owned subsidiary of Ita??. Ita??sa - Investimentos Ita??, S.A., a Brazilian sociedade an??nima ("Ita??sa"), Companhia ESA, a Brazilian sociedade an??nima ("ESA"), Olavo Egydio Setubal, Maria de Lourdes Egydio Villela, Alfredo Egydio Arruda Villela Filho, Ana Lucia de Mattos Barretto Villela, Ricardo Villela Marino, Rodolfo Villela Marino, Alfredo Egydio Setubal, Jose Luiz Egydio Setubal, Maria Alice Setubal, Olavo Egydio Setubal Junior, Paulo Setubal Neto, Ricardo Egydio Setubal and Roberto Egydio Setubal may be deemed collectively to beneficially and indirectly own such shares. The report is made on behalf of each such person and each such person disclaims beneficial ownership except to the extent of its, her or his respective pecuniary interest therein.
- [F2]Itau previously entered into derivative securities transactions with respect to the underlying shares of America Online Latin America, Inc. Class A Common Stock, par value $.01 per share ("Shares") with UBS, AG, a bank organized under the laws of Switzerland ("UBS"). Itau purchased call options from UBS to repurchase such Shares and issued put options to UBS to require Itau to repurchase such Shares pursuant to confirmations entered into between Itau and UBS under a Master Agreement, dated as of October 23, 1997, between Itau and UBS. Itau retained the right to direct the voting of, ultimate control over the disposition of, and pecuniary interest in, all such Shares. Each of the foregoing is a European-style option.
- [F3]No separate premium was paid for the option; rather each option was issued in consideration and as a part of the entire transaction by which such option was acquired or written.
- [F4]Itau Bank previously entered into derivative securities transactions with respect to the underlying Shares with Goldman Sachs International, a company incorporated under the laws of England and Wales ("Goldman"). Itau Bank purchased call options from Goldman to repurchase such Shares and issued put options to Goldman to require Itau Bank to repurchase such Shares pursuant to confirmations entered into between Itau Bank and Goldman under a Master Agreement, dated as of August 22, 2000, between Itau Bank and Goldman. Itau Bank retained the right to direct the voting of, ultimate control over the disposition of, and pecuniary interest in, all such Shares. Each of the foregoing is a European-style option.
- [F5]The principal business address of (i) Itau, Maria de Lourdes Egydio Villela, Rodolfo Villela Marino, Itausa, ESA, Ricardo Villela Marino, Roberto Egydio Setubal, Olavo Egydio Setubal, Olavo Egydio Setubal Junior and Alfredo Egydio Setubal is Praca Alfredo Egydio de Souza Aranha, No. 100 Torre Itausa, Sao Paulo, Brazil, (ii) Alfredo Egydio Arruda Villela Filho is Av. dos Carinas, 635, Sao Paulo-SP, Brazil, (iii) Ana Lucia de Mattos Barretto Villela is Rua Jerico, 255, Sao Paulo-SP, Brazil, (iv) Jose Luiz Egydio Setubal is Rua Dr. Jesuino Maciel, 345, Sao Paulo-SP, Brazil, (v) Maria Alice Setubal is Rua Dante Carraro, 68, Sao Paulo-SP, Brazil, (vii) Paulo Setubal Neto is Av. Paulista, 1938, Sao Paulo-SP, Brazil and (viii) Ricardo Egydio Setubal is Rua Santa Catarina, 1, Sao Paulo-SP, Brazil. The signature of each such person or an authorized representative thereof will be retained as required by SEC rules.
Issuer
AMERICA ONLINE LATIN AMERICA INC
CIK 0001100395
Entity typeother
Related Parties
1- filerCIK 0000833294
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 7:27 AM ET
- Size
- 28.2 KB