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WW INTERNATIONAL, INC. — Director's Dealing 2007
Feb 2, 2007
33259_dirs_2007-02-02_f4a7173f-e703-4ed4-878e-6daab1969dcd.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WEIGHT WATCHERS INTERNATIONAL INC (WTW)
CIK: 0000105319
Period of Report: 2007-02-02
Reporting Person: WESTEND SA (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-02-02 | Common Stock, no par value | S | 10511432 | $54.00 | Disposed | 43247893 | Indirect |
Footnotes
F1: Westend S.A., is the parent company of Artal Group S.A. Artal Group S.A. is the parent company of Artal International S.A., which, in turn, is the parent company of Artal Luxembourg S.A. Artal Luxembourg S.A. is the parent company of Artal Holdings Sp. z o.o. ("Artal Holdings"). Artal Holdings is the record owner of the shares. Artal Luxembourg S.A. holds an irrevocable proxy with respect to 15,000,000 of these shares.
F2: On January 26, 2007, Weight Watchers International, Inc. ("Weight Watchers") announced the repurchase of 8,548,027 shares of its Common Stock at a purchase price of $54.00 per share pursuant to the tender offer which expired on January 18, 2007. On February 2, 2007, pursuant to the terms of the Stock Purchase Agreement, dated as of December 17, 2006, by and between Weight Watchers and Artal Holdings entered into in connection with the tender offer, Weight Watchers repurchased 10,511,432 shares of its common stock from Artal Holdings at a purchase price of $54.00 per share, the price established by the tender offer.