Siegel Eric S. 4
4 · ASTEA INTERNATIONAL INC · Filed Dec 12, 2019
Insider Transaction Report
Form 4
Siegel Eric S.
Director
Transactions
- Other
Cancellation of Options
2019-12-10$659049.50/sh−73,000$48,110,613,500→ 0 total→ Non-qualified stock options. (0 underlying)
Footnotes (4)
- [F1]Represents all previously granted non-qualified options granted to a director of the Company over the course of service to the Company as a on the Company's Board of Directors.
- [F2]Cancellation of all options formally held by a director 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 of the Company pursuant to the respective stock option plans under which the options were granted.