4//SEC Filing
GENERAL PHYSICS CORP 4
Accession 0001018199-97-000010
CIK 0000709560operating
Filed
Feb 6, 7:00 PM ET
Accepted
—
Size
7.9 KB
Accession
0001018199-97-000010
Insider Transaction Report
Form 4
Fresne, Donald C.
Director
Transactions
- Sale
Common Stock
1999-01-24$4.75/sh−5,900$28,025
Footnotes (1)
- [1]Pursuant to the terms of the Agreement and Plan of Merger between National Patent Development Corporation (NPD) and General Physics Corporation (GPC) dated November 19, 1996, and amended on December 17, 1996, NPD agreed to purchase, prior to the effective date of the merger, 1/24/97, all stock options held by each employee, officer and director of GPC which would vest by their terms prior to or at the effective date of the merger. Holders of vested stock options received cash in an amount equal to $5.20 per share less the exercise price of the stock option.
Documents
Issuer
GENERAL PHYSICS CORP
CIK 0000709560
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000709560
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Size
- 7.9 KB