HOT TOPIC INC /CA/ 4

Accession 0001017712-13-000026

CIK 0001017712operating

Filed

Jun 13, 8:00 PM ET

Accepted

Jun 14, 8:19 PM ET

Size

18.7 KB

Accession

0001017712-13-000026

Form 4

Period: 2013-06-12

Director

Transactions

Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$7.98/sh−12,934$103,213→ 10,000 total
Exercise: $6.02From: 2009-06-10Exp: 2018-06-10→ Common Stock (12,934 underlying)
Disposition to Issuer
Common Stock
2013-06-12$14.00/sh−18,744$262,416→ 0 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$9.12/sh−31,669$288,821→ 0 total
Exercise: $4.88From: 2011-06-08Exp: 2020-06-08→ Common Stock (31,669 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$7.98/sh−10,000$79,800→ 0 total
Exercise: $6.02From: 2009-06-10Exp: 2018-06-10→ Common Stock (10,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$6.46/sh−16,122$104,148→ 0 total
Exercise: $7.54From: 2010-06-09Exp: 2019-06-09→ Common Stock (16,122 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$6.91/sh−22,672$156,664→ 0 total
Exercise: $7.09From: 2012-06-07Exp: 2021-06-07→ Common Stock (22,672 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2013-06-12$4.48/sh−16,350$73,248→ 0 total
Exercise: $9.52From: 2013-06-05Exp: 2020-06-05→ Common Stock (16,350 underlying)

Footnotes (4)

[F1]On March 6, 2013, Hot Topic, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with HT Merger Sub Inc., a California corporation ("Merger Sub") and a wholly owned subsidiary of 212F Holdings LLC, a Delaware limited liability company ("Parent"). On June 12, 2013, pursuant to the Merger Agreement, Merger Sub merged with and into the Company, and the Company continued as the surviving corporation and as a wholly owned subsidiary of Parent (the "Merger"). In connection with the consummation of the Merger, to the extent not previously vested, all outstanding stock and options under the Company's equity incentive plans became vested.
[F2]Pursuant to the Merger Agreement, all shares of Company common stock were cancelled and exchanged for merger consideration of $14.00 per share in the Merger.
[F3]Pursuant to the Merger Agreement, each option to acquire shares of Company's common stock vested and was cancelled at the effective time of the Merger in exchange for the right to receive a cash amount equal to the number of shares underlying the option multiplied by the difference between the per share merger consideration of $14.00 and the per share exercise price of this option.
[F4]The option vests 25% one year after the date of grant and 6.25% at the end of each quarter thereafter.

Documents

1 file

HOT TOPIC INC /CA/

CIK 0001017712

Entity typeoperating

IncorporatedCA