Cooke David C 4
4 · LML PAYMENT SYSTEMS INC · Filed Jan 15, 2013
Insider Transaction Report
Form 4
Cooke David C
Director
Transactions
- Disposition from Tender
Common Stock
2013-01-10−4,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$1.02/sh−25,000$25,500→ 0 totalExercise: $2.43Exp: 2016-08-17→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$2.80/sh−25,000$70,000→ 0 totalExercise: $0.65Exp: 2014-08-17→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$1.83/sh−25,000$45,750→ 0 totalExercise: $1.62Exp: 2015-08-18→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-01-10$1.36/sh−25,000$34,000→ 0 totalExercise: $2.09Exp: 2017-08-28→ Common Stock (25,000 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.