INSURANCE AUTO AUCTIONS, INC·4

Jun 7, 1:53 PM ET

INSURANCE AUTO AUCTIONS, INC 4

4 · INSURANCE AUTO AUCTIONS, INC · Filed Jun 7, 2005

Insider Transaction Report

Form 4
Period: 2005-05-25
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-05-25$19.75/sh10,000$197,5000 total
    Exercise: $8.50Exp: 2007-02-24Common Stock (10,000 underlying)
  • Disposition to Issuer

    Common Stock

    2005-05-25$28.25/sh40,000$1,130,0000 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-05-25$14.00/sh2,000$28,0000 total
    Exercise: $14.25Exp: 2005-06-29Commmon Stock (2,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-05-25$15.59/sh5,000$77,9500 total
    Exercise: $12.66Exp: 2013-06-30Common Stock (5,000 underlying)
Footnotes (10)
  • [F1]Disposed of pursuant to merger agreement by and among issuer, Axle Merger Sub, Inc. and Axle Holdings, Inc.
  • [F10]This option was canceled in the merger in exchange for a cash payment of $42,187.50, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F2]This option was canceled in the merger in exchange for a cash payment of $28,000, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F3]This option was canceled in the merger in exchange for a cash payment of $24,740, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F4]This option was canceled in the merger in exchange for a cash payment of $11,000, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F5]This option was canceled in the merger in exchange for a cash payment of $27,900, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F6]This option was canceled in the merger in exchange for a cash payment of $38,000, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F7]This option was canceled in the merger in exchange for a cash payment of $197,500, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F8]This option was canceled in the merger in exchange for a cash payment of $16,900, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.
  • [F9]This option was canceled in the merger in exchange for a cash payment of $77,950, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.

Documents

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