4//SEC Filing
EPIQ SYSTEMS INC 4
Accession 0000899243-16-030452
CIK 0001027207operating
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 5:34 PM ET
Size
22.3 KB
Accession
0000899243-16-030452
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
Pelofsky Joel
Director
Transactions
- Disposition to Issuer
Common Stock
2016-09-30$16.50/sh−5,000$82,500→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$1.80/sh−10,000$18,000→ 0 totalExercise: $14.70Exp: 2018-02-04→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$4.83/sh−10,000$48,300→ 0 totalExercise: $11.67Exp: 2020-02-25→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2016-09-30$16.50/sh−23,700$391,050→ 5,000 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$4.64/sh−15,000$69,600→ 0 totalExercise: $11.86Exp: 2017-01-24→ Common Stock (15,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$2.01/sh−10,000$20,100→ 0 totalExercise: $14.49Exp: 2019-02-23→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$3.11/sh−10,000$31,100→ 0 totalExercise: $13.39Exp: 2021-02-10→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2016-09-30$4.65/sh−10,000$46,500→ 0 totalExercise: $11.85Exp: 2022-02-14→ Common Stock (10,000 underlying)
Footnotes (8)
- [F1]Pursuant to the Agreement and Plan of Merger by and among Epiq Systems, Inc., Document Technologies, LLC and DTI Merger Sub, Inc. (the "Merger Agreement"), these shares were canceled and converted into the right to receive $16.50 per share in cash, without interest and less any applicable withholding taxes (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, these shares of unvested restricted stock became fully vested at the effective time of the merger and were canceled and converted into the right to receive the Merger Consideration.
- [F3]Represents an exercisable option, which vested in five equal annual installments commencing on January 24, 2008. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.64 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
- [F4]Represents an exercisable option, which vested in five equal annual installments commencing on February 4, 2009. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $1.80 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
- [F5]Represents an exercisable option, which vested in five equal annual installments commencing on February 23, 2010. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $2.01 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
- [F6]Represents an exercisable option, which vested in five equal installments commencing on February 25, 2011 The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.83 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
- [F7]Represents an exercisable option, which vested in five equal annual installments commencing on February 10, 2012. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $3.11 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
- [F8]Represents a partially exercisable option, which vests in five equal annual installments commencing on February 14, 2013. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.65 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration.
Documents
Issuer
EPIQ SYSTEMS INC
CIK 0001027207
Entity typeoperating
IncorporatedMO
Related Parties
1- filerCIK 0001027207
Filing Metadata
- Form type
- 4
- Filed
- Sep 29, 8:00 PM ET
- Accepted
- Sep 30, 5:34 PM ET
- Size
- 22.3 KB