4//SEC Filing
EPIQ SYSTEMS INC 4
Accession 0000899243-16-030461
CIK 0001027207operating
Filed
Sep 29, 8:00 PM ET
Accepted
Sep 30, 5:39 PM ET
Size
8.8 KB
Accession
0000899243-16-030461
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
Tjon Sien Fat Karin - Joyce
Executive Vice President & CFO
Transactions
- Disposition to Issuer
Common Stock
2016-09-30$16.50/sh−151,711$2,503,232→ 42,021 total - Award
Common Stock
2016-09-30+34,042→ 193,732 total - Disposition to Issuer
Common Stock
2016-09-30$16.50/sh−42,021$693,347→ 0 total
Footnotes (3)
- [F1]Represents unvested performance restricted stock units (PRSUs) granted on January 28, 2016 that represented a contingent right to receive one share of common stock per PRSU. Pursuant to the Agreement and Plan of Merger, dated as of July 26, 2016, by and among Epiq Systems, Inc., Document Technologies, LLC and DTI Merger Sub, Inc. (the "Merger Agreement") and the applicable award agreement, these PRSUs became fully vested at the effective time of the merger.
- [F2]Pursuant to 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").
- [F3]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.
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, 5:39 PM ET
- Size
- 8.8 KB