4//SEC Filing
Zimmerman Angel 4
Accession 0000914190-17-000182
CIK 0001118037other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 4:43 PM ET
Size
7.7 KB
Accession
0000914190-17-000182
Insider Transaction Report
Form 4
SAJAN INCSAJA
Zimmerman Angel
DirectorChief Operating Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2017-07-19$5.83/sh−651,484$3,798,152→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−2,500→ 0 totalExercise: $4.50Exp: 2026-06-10→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]Cancelled pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among Sajan, Inc., a Minnesota corporation, Amplexor USA, Inc., a Delaware corporation, ("Amplexor"), and Amplexor Falcon, Inc., a Delaware corporation and a wholly-owned subsidiary of Amplexor, and converted into the right to receive $5.83 per share.
- [F2]Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the effective time of the merger. Each stock option that was outstanding and unexercised as of the effective time of the merger and had an exercise price per share that was less than $5.83 was then cancelled and converted into the right to receive a cash payment equal to $5.83 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes.
Documents
Issuer
SAJAN INC
CIK 0001118037
Entity typeother
Related Parties
1- filerCIK 0001484234
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 4:43 PM ET
- Size
- 7.7 KB