SOURCECORP INC 4
4 · SOURCECORP INC · Filed Jul 17, 2006
Insider Transaction Report
Form 4
SOURCECORP INCSRCP
DAVIS STEPHEN W
Chief Information Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-12$25.00/sh−10,000$250,000→ 0 totalExercise: $17.99Exp: 2013-05-21→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2006-07-12$25.00/sh−41,683$1,042,075→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger between issuer, CorpSource Holdings, LLC and CorpSource MergerSub, Inc. dated as of March 7, 2006, as amended (the "Merger Agreement").
- [F2]The options, which were fully vested prior to and independent of the merger contemplated by the Merger Agreement, were cancelled pursuant to the terms of the Merger Agreement in exchange for a cash payment in the aggregate of $108,900 representing the difference between the exercise price and the purchase price under the Merger Agreement ($25.00).