HOOD MARK C 4
4 · GLOBALSCAPE INC · Filed Aug 28, 2020
Insider Transaction Report
Form 4
HOOD MARK C
VP of Operations
Transactions
- Disposition to Issuer
Incentive Stock Option (right to buy)
2020-08-28−51,150→ 0 totalExercise: $3.91→ Common Stock (51,150 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2020-08-28−11,299→ 0 totalExercise: $8.85→ Common Stock (11,299 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-08-28−38,701→ 0 totalExercise: $8.85→ Common Stock (38,701 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-08-28−89,980→ 0 totalExercise: $9.98→ Common Stock (89,980 underlying) - Disposition to Issuer
Common Stock
2020-08-28−17,329→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-08-28−48,855→ 0 totalExercise: $3.91→ Common Stock (48,855 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2020-08-28−10,020→ 0 totalExercise: $9.98→ Common Stock (10,020 underlying)
Footnotes (2)
- [F1]Outstanding shares of the common stock of the Issuer were converted into the right to receive $9.50 per share in cash, without interest thereon and subject to any required tax withholding (the "Merger Consideration"), in accordance with the Merger Agreement (as defined below).
- [F2]Outstanding stock options of the Issuer were cancelled and converted into the right to receive the Merger Consideration (less the applicable exercise price) in accordance with the Merger Agreement. If the applicable exercise price per share under any such options was equal to or greater than the Merger Consideration, such options were canceled immediately without any payment or other consideration being made or owed in respect thereof.