|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Director Stock Option (Right to Buy) | $ 24.6 | 11/09/2007 | D | 8,000 | 05/11/2009(2) | 05/11/2011(2) | Common Stock | 8,000 | (2) | 0 | D | ||||
| Director Stock Option (Right to Buy) | $ 16.06 | 11/09/2007 | D | 4,000 | 11/21/2003 | 05/21/2013(2) | Common Stok | 4,000 | (2) | 0 | D | ||||
| Director Stock Option (Right to Buy) | $ 21.64 | 11/09/2007 | D | 4,000 | 11/12/2004 | 05/12/2014(2) | Common Stock | 4,000 | (2) | 0 | D | ||||
| Director Stock Option (Right to Buy) | $ 19.07 | 11/09/2007 | D | 4,000 | 11/26/2005 | 05/26/2015(2) | Common Stock | 4,000 | (2) | 0 | D | ||||
| Phantom Stock | (3) | 11/09/2007 | D | 1,312 | (4) | (4) | Common Stock | 1,312 | (4) | 0 | D | ||||
| Phantom Stock | (3) | 11/09/2007 | D | 1,178 | (4) | (4) | Common Stock | 1,178 | (4) | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| WHITE ALAN F MIT, SLOAN SCHOOL OF MANAGEMENT 50 MEMORIAL DRIVE, RM. E52-472 CAMBRIDGE, MA 02142-1347 |
X | |||
| /s/ William E. McDonald, Attorney-in-fact, pursuant to a power of attorney as previously filed with the SEC | 11/09/2007 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Pursuant to the Agreement and Plan of Merger dated as of May 30, 2007, and amended as of July 30, 2007, by and among the Issuer, Foundation Holdings, Inc. and Foundation Merger Sub, Inc., a wholly owned subsidiary of Foundation Holdings, Inc. (the "Merger Agreement"), on November 9, 2007, immediately upon the effectiveness of the merger of Foundation Merger Sub, Inc. with and into the Issuer (the"Merger"), each of the 6,480 shares of Issuer's common stock and 4,305 shares of restricted Issuer's common stock, were cancelled and converted into the right to receive $36.00 in cash, without interest, and less any applicable withholding taxes. |
| (2) | Pursuant to the Merger Agreement, each outstanding stock option to acquire Issuer's common stock, whether vested or not vested, that remained outstanding as of the effective time of the Merger was cancelled and converted into the right to receive a cash payment equal to the number of shares of Issuer's common stock underlying the option multiplied by the amount (if any) by which $36.00 exceeds the applicable exercise price of the option, less any applicable withholding taxes. |
| (3) | 1-for-1 |
| (4) | Pursuant to the Merger Agreement, immediately upon the effectiveness of the Merger, all amounts held in the Reporting Person's account under the Issuer's deferred compensation plans that are denominated in Issuer common stock, were cancelled and converted into the right to receive $36.00 in cash, without interest, and less any applicable withholding taxes. |