PREMIERE GLOBAL SERVICES, INC. 4
4 · PREMIERE GLOBAL SERVICES, INC. · Filed Dec 9, 2015
Insider Transaction Report
Form 4
Jones W Steven
Director
Transactions
- Disposition to Issuer
Common Stock
2015-12-08$14.00/sh−57,809$809,326→ 0 total(indirect: By Trust)
Footnotes (2)
- [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").