4//SEC Filing
Lutgen Annalee 4
Accession 0000897101-22-000555
CIK 0000088790other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 2:25 PM ET
Size
11.4 KB
Accession
0000897101-22-000555
Insider Transaction Report
Form 4
Lutgen Annalee
Interim CFO
Transactions
- Disposition to Issuer
Common Stock
2022-05-24−9,702→ 0 total - Disposition to Issuer
Option to Purchase
2022-05-24−1,667→ 0 totalExercise: $6.90Exp: 2027-01-02→ Common Stock (1,667 underlying) - Disposition to Issuer
Option to Purchase
2022-05-24−600→ 0 totalExercise: $7.58Exp: 2026-01-03→ Common Stock (600 underlying) - Award
Common Stock
2022-05-24+2,271→ 9,702 total
Footnotes (3)
- [F1]Represents vesting of performance restricted stock units at the target level pursuant to the Merger Agreement (as defined below).
- [F2]Disposed of pursuant to an Agreement and Plan of Merger, dated as of February 27, 2022 (the "Merger Agreement") by and among the Issuer, IIN Holding Company Inc., a Delaware corporation ("Parent"), and IC Merger Sub Inc., a Pennsylvania corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Parent. Each share of common stock exchanged in the Merger will receive cash of $24.25 per share.
- [F3]Pursuant to the Merger Agreement, each option to purchase common stock was canceled in exchange for a cash payment of $24.25 per share less the exercise per share price of the option. All options were fully vested at the time the Merger Agreement was signed.
Documents
Issuer
INTRICON CORP
CIK 0000088790
Entity typeother
Related Parties
1- filerCIK 0001892392
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 2:25 PM ET
- Size
- 11.4 KB