4//SEC Filing
King Robert H. 4
Accession 0001002531-11-000009
CIK 0001002531other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 5:45 PM ET
Size
12.4 KB
Accession
0001002531-11-000009
Insider Transaction Report
Form 4
King Robert H.
VP, Global Sales and Marketing
Transactions
- Disposition to Issuer
Nonstatutory stock option
2011-05-10$3.62/sh−25,000$90,500→ 0 totalExercise: $6.48From: 2011-06-17Exp: 2020-06-17→ Common stock (25,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10$4.72/sh−25,000$118,000→ 0 totalExercise: $5.38From: 2010-01-26Exp: 2019-01-26→ Common stock (25,000 underlying) - Disposition to Issuer
Nonstatutory stock option
2011-05-10$4.78/sh−10,000$47,800→ 0 totalExercise: $5.32From: 2010-05-12Exp: 2019-05-12→ Common stock (10,000 underlying)
Footnotes (4)
- [F1]Options were scheduled to vest in three equal installments on 1/26/10, 1/26/11 and 1/26/12.
- [F2]Options were scheduled to vest in three equal installments on 5/12/10, 5/12/11 and 5/12/12.
- [F3]Options were scheduled to vest in three equal installments on 6/17/11, 6/17/12 and 6/17/13.
- [F4]Pursuant to the Agreement and Plan of Merger, dated February 21, 2011, among Tollgrade Communications, Inc., Talon Holdings, Inc., and Talon Merger Sub, Inc., effective as of May 10, 2011, each stock option was canceled and converted into the right to receive an amount in cash equal to the product of (a) the excess, if any, of $10.10 over the exercise price of such stock option, multipled by (b) the number of shares which otherwise could have been purchased upon exercise of such stock option, without regard to whether such stock option was then vested.
Issuer
TOLLGRADE COMMUNICATIONS INC \PA\
CIK 0001002531
Entity typeother
Related Parties
1- filerCIK 0001456629
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 5:45 PM ET
- Size
- 12.4 KB