BOYLE MATTHEW 4
4 · SEVCON, INC. · Filed Sep 29, 2017
Insider Transaction Report
Form 4
SEVCON, INC.SEV
BOYLE MATTHEW
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2017-09-27$8.75/sh+4,615$40,381→ 132,511 total - Disposition to Issuer
Common Stock
2017-09-27$22.00/sh−132,511$2,915,242→ 0 total - Disposition to Issuer
Series A Convertible Preferred Stock
2017-09-27$66.00/sh−9,123$602,118→ 0 totalExercise: $8.00From: 2014-09-08→ Common Stock (27,369 underlying) - Disposition to Issuer
Common Stock
2017-09-27$22.00/sh−4,000$88,000→ 0 total(indirect: By Spouse) - Exercise/Conversion
Stock Option (Right to Buy)
2017-09-27−4,615→ 0 totalExercise: $9.94Exp: 2020-12-16→ Common Stock (4,615 underlying)
Footnotes (5)
- [F1]The exercise price of the options is 6.50 British Pounds Sterling per share. The reported figure of $8.75 is the USD equivalent at time of exercise.
- [F2]Disposed of pursuant to merger agreement by and among Issuer, BorgWarner Inc. and Slade Merger Sub Inc. (the "Merger Agreement") for a cash payment of the per share price noted.
- [F3]The Series A Convertible Preferred Stock had no expiration date.
- [F4]The exercise price of the options is 6.50 British Pounds Sterling per share. The reported figure of $9.944 is the USD equivalent at time of grant.
- [F5]Fully vested.