4//SEC Filing
DAY LAWRENCE C 4
Accession 0001209191-05-058870
CIK 0000718449other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 7:32 PM ET
Size
33.6 KB
Accession
0001209191-05-058870
Insider Transaction Report
Form 4
TBC CORPTBCC
DAY LAWRENCE C
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$28.88/sh−11,021$318,231→ 0 totalExercise: $6.13Exp: 2011-01-13→ Common Stock (11,021 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$28.88/sh−26,976$778,932→ 0 totalExercise: $6.13Exp: 2011-01-13→ Common Stock (26,976 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$21.95/sh−66,668$1,463,363→ 0 totalExercise: $13.05Exp: 2012-01-05→ Common Stock (66,668 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$7.31/sh−49,000$358,190→ 0 totalExercise: $27.69Exp: 2015-03-28→ Common Stock (49,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$26.30/sh−40,000$1,052,000→ 0 totalExercise: $8.70Exp: 2011-06-26→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2005-11-17$35.00/sh−173,039$6,056,365→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$9.39/sh−50,800$477,012→ 0 totalExercise: $25.61Exp: 2015-01-25→ Common Stock (50,800 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$24.75/sh−95,000$2,351,250→ 0 totalExercise: $10.25Exp: 2008-03-31→ Common Stock (95,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$29.25/sh−81,726$2,390,486→ 0 totalExercise: $5.75Exp: 2010-01-04→ Common Stock (81,726 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$22.38/sh−80,152$1,793,802→ 0 totalExercise: $12.62Exp: 2013-01-09→ Common Stock (80,152 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$26.30/sh−19,000$499,700→ 0 totalExercise: $8.70Exp: 2011-06-26→ Common Stock (19,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2005-11-17$7.10/sh−43,000$305,300→ 0 totalExercise: $27.90Exp: 2014-01-25→ Common Stock (43,000 underlying)
Footnotes (12)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 18, 2005, by and among Sumitomo Corporation of America, Traction Acquisition Corp., and the issuer in exchange for a cash payment of $6,056,365 representing the number of shares held by the reporting person (173,039) multiplied by the merger price ($35/share).
- [F10]This option, which vests in three equal annual installments beginning on 01/26/05, was cancelled in the merger in exchange for a cash payment of $305,300 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00).
- [F11]This option, which vests in three equal annual installments beginning on 01/26/06, was cancelled in the merger in exchange for a cash payment of $477,012 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00).
- [F12]This option, which vests in 20% increments, beginning on the first anniversary of the date of grant and continuing on each anniversary of the date of grant thereafter, if certain criteria relating to the performance of the issuer's common stock are met (to the extent that such performance criteria are not met, any unvested balance of the option will vest on 01/01/15), was cancelled in the merger in exchange for a cash payment of $358,190 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00).
- [F2]This option, one third of which vested on 04/01/99, another third of which vested on 04/01/00 and the balance of which vested on 04/01/01, was canceled in the merger in exchange for a cash payment of $2,351,250 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F3]This option, one third of which vested on 01/05/01, another third of which vested on 01/05/02 and the balance of which vested on 01/05/03, was canceled in the merger in exchange for a cash payment of $2,390,485.50 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F4]This option, one third of which vested on 01/14/02, another third of which vested on 01/14/03 and the balance of which vested on 01/14/04, was canceled in the merger in exchange for a cash payment of $318,231.38 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F5]This option, one third of which vested on 01/14/02, another third of which vested on 01/14/03 and the balance of which vested on 01/14/04, was canceled in the merger in exchange for a cash payment of $778,932 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F6]This option, one third of which vested on 06/27/02, another third of which vested on 06/27/03 and the balance of which vested on 06/27/04, was canceled in the merger in exchange for a cash payment of $1,052,000 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F7]This option, one third of which vested on 06/27/02, another third of which vested on 06/27/03 and the balance of which vested on 06/27/04, was canceled in the merger in exchange for a cash payment of $499,700 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00 per share).
- [F8]This option, which vested in three equal annual installments beginning on 01/06/03, was cancelled in the merger in exchange for a cash payment of $1,463,362.60 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00).
- [F9]This option, which vests in three equal annual installments beginning on 01/10/04, was cancelled in the merger in exchange for a cash payment of $1,793,801.76 representing the difference between the exercise price of the option and the merger price of the stock of the issuer ($35.00).
Documents
Issuer
TBC CORP
CIK 0000718449
Entity typeother
Related Parties
1- filerCIK 0001231987
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 7:32 PM ET
- Size
- 33.6 KB