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4//SEC Filing

PREMIERE GLOBAL SERVICES, INC. 4

Accession 0000880804-15-000076

CIK 0000880804operating

Filed

Dec 8, 7:00 PM ET

Accepted

Dec 9, 11:08 AM ET

Size

6.0 KB

Accession

0000880804-15-000076

Insider Transaction Report

Form 4
Period: 2015-12-08
HARRIS JOHN
Director
Transactions
  • Disposition to Issuer

    Common Stock

    2015-12-08$14.00/sh92,044$1,288,6160 total
Footnotes (3)
  • [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 10, 2015, by and among Pangea Private Holdings, II, LLC, a Delaware limited liability company ("Parent"), Pangea Merger Sub, Inc., a Georgia corporation and wholly owned subsidiary of Parent ("Merger Sub"), and Premiere Global Services, Inc. (the "Company"), on December 8, 2015 (the "Effective Date"), Merger Sub merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent.
  • [F2]Pursuant to the Merger Agreement, on the Effective Date, each outstanding share of the Company's common stock was converted into the right to receive a cash payment of $14.00 (the "Merger Consideration").
  • [F3]Pursuant to thr Merger Agreement, on the Effective Date, each deferred stock unit that was outstanding immediately prior to the Effective Time was cancelled and the holder thereof was entitled to receive an amount of cash, without interest, equal to (x) the product of (i) the number of deferred stock units held by such holder, multiplied by (ii) the per share Merger Consideration, less (y) the amount of any required withholding tax.

Issuer

PREMIERE GLOBAL SERVICES, INC.

CIK 0000880804

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000880804

Filing Metadata

Form type
4
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 11:08 AM ET
Size
6.0 KB