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KURZWEIL APPLIED INTELLIGENCE INC /DE/ 4

Accession 0001018110-97-000002

CIK 0000769191other

Filed

Jul 8, 8:00 PM ET

Accepted

Size

7.5 KB

Accession

0001018110-97-000002

Insider Transaction Report

Form 4
Period: 1997-06-30

No transactions or holdings reported in this filing.

Footnotes (2)
  • [1]On June 27, 1997 the Issuer merged (the "Merger") with a subsidiary of Lernout & Hauspie Speech Products NV ("L&H") pursuant to an Agreement and Plan of Merger approved by stockholders of the Issuer on June 26, 1997.
  • [2]Exchanged for $183,942 in cash and 2,082.446 shares of L&H common stock having a value based on the closing market price on June 27, 1997 of $27.50 per share. The fractional share is payable in cash at the June 27, 1997 market value. * The options covering these derivative securities by their terms became exercisable in full as a result of the Merger and pursuant to the terms of the Merger, were terminated effective at the effective time of the Merger on June 27, 1997.

Issuer

KURZWEIL APPLIED INTELLIGENCE INC /DE/

CIK 0000769191

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0000769191

Filing Metadata

Form type
4
Filed
Jul 8, 8:00 PM ET
Size
7.5 KB