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4//SEC Filing

BERGREEN ZACK B 4

Accession 0000950159-19-000297

CIK 0000945989other

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 5:05 PM ET

Size

6.4 KB

Accession

0000950159-19-000297

Insider Transaction Report

Form 4
Period: 2019-12-10
BERGREEN ZACK B
DirectorChief Executive Officer
Transactions
  • Other

    Cancellation of Options

    2019-12-10$441462.50/sh58,750$25,935,921,8750 total
    Non-qualified and incentive stock options. (0 underlying)
Footnotes (4)
  • [F1]Represents all previously granted non-qualified options granted to a director and officer of the Company over the course of service to the Company as a on the Company's Board of Directors and as an officer of the Company.
  • [F2]Cancellation of all options formally held by a director and officer of the Company pursuant to the Agreement and Plan of Merger, dated as of October 7, 2019 (the "Merger Agreement"), by and among IFS Americas, Inc., ("Parent"), IFS Amber Inc., ("Merger Sub") and Astea International Inc., (the "Company"); and the delisting and deregistration under the Exchange Act.
  • [F3]Represents vested and unvested options with varying grant dates, vesting timeline, and state of vesting.
  • [F4]Represents the compensation received in connection with the sale and delisting of the Company as consideration for the options previously granted to a director and officer of the Company pursuant to the respective stock option plans under which the options were granted.

Documents

1 file

Issuer

ASTEA INTERNATIONAL INC

CIK 0000945989

Entity typeother
IncorporatedPA

Related Parties

1
  • filerCIK 0001008396

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:05 PM ET
Size
6.4 KB