SELECT MEDICAL CORP 4
4 · SELECT MEDICAL CORP · Filed Feb 28, 2005
Insider Transaction Report
Form 4
ZIMMERMAN LEROY S
Director
Transactions
- Disposition to Issuer
Non-qualified Stock Options (right to buy)
2005-02-24−10,000→ 0 totalExercise: $6.68From: 2004-02-21Exp: 2013-02-20→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock, par value $.01 per share
2005-02-24$18.00/sh−16,358$294,444→ 0 total
Footnotes (2)
- [F1]Disposed of in the merger of the issuer with EGL Acquisition Corp., effective February 24, 2005 (the "Merger"), pursuant to the Merger Agreement dated October 17, 2004 among the issuer, EGL Holding Company and EGL Acquisition Corp., pursuant to which stockholders of the issuer were paid $18.00 per share.
- [F2]This option was cancelled in the Merger with EGL Acquisition Corp. effective February 24, 2005 in exchange for a cash payment equal to the number of shares subject to the option multiplied by the difference between the exercise price of the option and $18.00.