4//SEC Filing
SPORTSLINE COM INC 4
Accession 0000945688-04-000018
CIK 0000945688operating
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 1:38 PM ET
Size
12.9 KB
Accession
0000945688-04-000018
Insider Transaction Report
Form 4
LEVY MICHAEL/
DirectorPresident and CEO
Transactions
- Disposition from Tender
Common Stock, par value $0.01
2004-12-10$1.75/sh−1,896,530$3,318,928→ 0 total - Disposition from Tender
Common Stock, par value $0.01
2004-12-10$1.75/sh−60,000$105,000→ 0 total(indirect: By Corporation) - Disposition from Tender
Employee Stock Option (Right to Buy)
2004-12-10$0.51/sh−175,000$89,075→ 0 totalExercise: $1.24Exp: 2014-01-01→ Common Stock (175,000 underlying)
Footnotes (6)
- [F1]On December 10, 2004, Stargate Acquisition Corp. Two, an indirect subsidiary of Viacom Inc. (Viacom), merged into the Issuer, with the Issuer as the surviving corporation of the merger. As a result of the merger, the Issuer became an indirect, wholly-owned subsidiary of Viacom. Each outstanding share of common stock, par value $0.01 per share, of the Issuer held by the Reporting Person immediately prior to the merger was converted into the right to receive $1.75 in cash.
- [F2]Shares owned by non-profit corporation established for religous, charitable, scientific, educational and literary purposes, of which Mr. Levy is a director and the president.
- [F3]The option vests as follows: 25% on January 2, 2005 and the remainder in equal installments per month for the following 36 months.
- [F4]This option was canceled in the merger in exchange for a cash payment of $89,075.00, representing the difference between the exercise price of the option and the merger consideration of $1.75 per share.
- [F5]The option vests as follows: 25% on January 22, 2004 and the remainder in equal installments per month for the following 36 months.
- [F6]This option was canceled in the merger in exchange for a cash payment of $129,500.00, representing the difference between the exercise price of the option and the merger consideration of $1.75 per share.
Documents
Issuer
SPORTSLINE COM INC
CIK 0000945688
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000945688
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 1:38 PM ET
- Size
- 12.9 KB