4//SEC Filing
Carr Gregory M. 4
Accession 0000949297-11-000022
CIK 0000949297other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 4:54 PM ET
Size
8.5 KB
Accession
0000949297-11-000022
Insider Transaction Report
Form 4
Carr Gregory M.
SVP, Chief Marketing & Sales
Transactions
- Disposition to Issuer
Common Stock
2011-10-14$8.55/sh−36,000$307,800→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2011-10-14$8.55/sh−53,000$453,150→ 53,000 totalExercise: $5.85From: 2012-05-31Exp: 2021-05-31→ Common Stock (53,000 underlying)
Footnotes (2)
- [F1]At the effective time of the merger, one-half of the unvested Employee Options, vested and entitled the holder to receive at closing an amount in cash equal to the product of the total number of shares of common stock subject to such options multiplied by the amount, if any, by which $8.55 exceeds the exercise price per share of such options, less any applicable withholding taxes.
- [F2]Per the Merger Agreement and Plan of Merger, 50% of the options vested and entitled the holder to receive an amount in cash equal to the product of the total number of shares of common stock subject to such option multiplied by the amount, if any, by which $8.55 exceeds the exercise price per share of such option. The options that remained unvested immediately following the merger shall remain outstanding and will continue to vest in accordance with the terms set forth in the applicable governing plan and option agreements. Following the merger, at such time or times as an unvested options shall vest, the holder of such option shall receive an amount in cash equal to the product of the total number of shares of common stock underlying the portion of the option then becoming vested multiplied by the amount, if any, by which $8.55 exceeds the exercise price per share of such option.
Documents
Issuer
APAC CUSTOMER SERVICES, INC
CIK 0000949297
Entity typeother
Related Parties
1- filerCIK 0001522315
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 4:54 PM ET
- Size
- 8.5 KB