4//SEC Filing
CHECKPOINT SYSTEMS INC 4
Accession 0000899243-16-019908
CIK 0000215419operating
Filed
May 12, 8:00 PM ET
Accepted
May 13, 4:17 PM ET
Size
10.3 KB
Accession
0000899243-16-019908
Insider Transaction Report
Form 4
Einsmann Harald
Director
Transactions
- Disposition to Issuer
Common Stock
2016-05-13−162,905→ 0 total
Footnotes (2)
- [F1]Pursuant to that certain Agreement and Plan of Merger dated March 1, 2016 (the "Merger Agreement") by and among the Issuer, CCL Industries Inc. ("CCL") and a wholly-owned subsidiary of CCL, the Issuer became an indirect wholly-owned subsidiary of CCL upon consummation of the merger (the "Effective Time"). The aggregate holdings of 162,905 shares of common stock were disposed at the Effective Time for the following merger consideration: (a) 123,750 shares of common stock. At the Effective Time, each such share of common stock was disposed of in exchange for $10.15 (or the "Merger Consideration") in cash. (b) 11,864 shares of unvested restricted stock units ("RSUs"). At the Effective Time, each RSU (whether vested or unvested) was canceled in exchange for a cash amount equal to the product of (x) $10.15 and (y) the number of shares covered by such RSU, subject to all applicable withholding taxes.
- [F2](Continued from footnote 1) (c) 27,291 shares of common stock acquired under various deferred compensation plans. It is comprised of both shares of common stock and shares of common stock accrued pursuant to a matching provision under such plan. At the Effective Time, each deferred share was converted into a cash balance amount determined by multiplying the number of deferred shares outstanding immediately prior to the Effective Time by $10.15, rounded up to the nearest whole cent.
Issuer
CHECKPOINT SYSTEMS INC
CIK 0000215419
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000215419
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 4:17 PM ET
- Size
- 10.3 KB