ETSKOVITZ FREDRIC 4
4 · ASTEA INTERNATIONAL INC · Filed Dec 12, 2019
Insider Transaction Report
Form 4
ETSKOVITZ FREDRIC
Chief Financial Officer
Transactions
- Other
Cancellation of Options
2019-12-10$1010500.00/sh−111,250$112,418,125,000→ 0 total→ Incentive stock options. (0 underlying)
Footnotes (4)
- [F1]Represents all previously granted non-qualified options granted to an officer of the Company over the course of service to the Company as a Company Officer.
- [F2]Cancellation of all options formally held by an 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 an officer of the Company pursuant to the respective stock option plans under which the options were granted.