4//SEC Filing
MICROFINANCIAL INC 4
Accession 0000908662-15-000029
CIK 0000827230operating
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 2:01 PM ET
Size
15.6 KB
Accession
0000908662-15-000029
Insider Transaction Report
Form 4
LATOUR RICHARD F
DirectorPres/CEO/Treasurer/Clerk/Sec
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2015-01-23$4.43/sh−20,272$89,805→ 0 totalExercise: $5.77From: 2012-02-26Exp: 2017-02-26→ Common Stock (20,272 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-23$7.90/sh−99,380$785,102→ 0 totalExercise: $2.30Exp: 2019-02-03→ Common Stock (99,380 underlying) - Disposition to Issuer
Common Stock
2015-01-23$10.20/sh−378,646$3,862,189→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-23$4.35/sh−68,724$298,949→ 0 totalExercise: $5.85Exp: 2018-05-02→ Common Stock (68,724 underlying) - Disposition to Issuer
Common Stock
2015-01-22$10.20/sh−206,669$2,108,024→ 354,402 total - Award
Common Stock
2015-01-23+24,244→ 378,646 total
Footnotes (5)
- [F1]These shares were disposed of pursuant to the December 13, 2014 merger agreement between the issuer, MF Merger Sub Corp. and MF Parent LP in exchange for an equity interest in MF Parent LP with a deemed value equal to $10.20 times such number of shares.
- [F2]Represents performance based RSU's which were vested in connection with the merger.
- [F3]This option, which provided for 100% vesting on the 5th anniversary of the grant date, was cancelled in the merger in exchange for a cash payment per share representing the difference beteween the exercise price and the per share merger price.
- [F4]This option, which provided for vesting in 25% increments beginning on the second anniversary of the grant date and and annually thereafter, was cancelled in the merger in exchange for a cash payment per share representing the difference beteween the exercise price and the per share merger price.
- [F5]This option, which provided for vesting in 25% increments beginning on the second anniversary of the grant date and and annually thereafter, was cancelled in the merger in exchange for a cash payment per share representing the difference beteween the exercise price and the per share merger price.
Documents
Issuer
MICROFINANCIAL INC
CIK 0000827230
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000827230
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 2:01 PM ET
- Size
- 15.6 KB