4//SEC Filing
SCHULZ RICHARD R 4
Accession 0000914190-13-000061
CIK 0000781891other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 7:21 PM ET
Size
10.2 KB
Accession
0000914190-13-000061
Insider Transaction Report
Form 4
SCHULZ RICHARD R
Chief Accounting Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$0.45/sh−210,000$94,500→ 0 totalExercise: $3.00Exp: 2018-03-31→ Common Stock (210,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$1.33/sh−150,000$199,500→ 0 totalExercise: $2.12Exp: 2016-11-17→ Common Stock (150,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$1.83/sh−126,750$231,953→ 0 totalExercise: $1.62Exp: 2015-08-18→ Common Stock (126,750 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the arrangement agreement between issuer, Digital River, Inc. and LML Acquisition Corp. in exchange for US$3.45 in cash per share on the effective date of the arrangement.
- [F2]This option was canceled in connection with the arrangement in exchange for a cash amount equal to the amount, if any, by which the number of common shares underlying such option, multiplied by the per-share consideration of US$3.45 per common share, exceeded the aggregate exercise price payable under the option to acquire the common shares underlying such option.
Documents
Issuer
LML PAYMENT SYSTEMS INC
CIK 0000781891
Entity typeother
Related Parties
1- filerCIK 0001205018
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 7:21 PM ET
- Size
- 10.2 KB