4//SEC Filing
Bassi Andrea 4
Accession 0000908662-17-000197
CIK 0000825411other
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 12:47 PM ET
Size
9.1 KB
Accession
0000908662-17-000197
Insider Transaction Report
Form 4
SEVCON, INC.SEV
Bassi Andrea
General Manager, Bassi S.r.l10% Owner
Transactions
- Disposition to Issuer
Common Stock
2017-09-27$22.00/sh−10,000$220,000→ 0 total - Disposition to Issuer
Warrant
2017-09-27$12.00/sh−55,000$660,000→ 0 total(indirect: By Bassi Holding S.r.l)Exercise: $10.00From: 2016-07-06Exp: 2021-07-08→ Common Stock (55,000 underlying) - Disposition to Issuer
Common Stock
2017-09-27$22.00/sh−610,000$13,420,000→ 0 total(indirect: By Bassi Holding S.r.l)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement by and among Issuer, BorgWarner Inc. and Slade Merger Sub Inc. for a cash payment of the per share price noted.
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
- [F3]This warrant was repurchased by the Issuer in connection with the closing under the merger agreement for a per share price equal to the spread between $22.00 and the exercise price.
Documents
Issuer
SEVCON, INC.
CIK 0000825411
Entity typeother
Related Parties
1- filerCIK 0001711790
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 12:47 PM ET
- Size
- 9.1 KB