Khai Terence Yap Wing 4
4 · CHINA SECURITY & SURVEILLANCE TECHNOLOGY, INC. · Filed Sep 19, 2011
Insider Transaction Report
Form 4
Khai Terence Yap Wing
DirectorCFO
Transactions
- Disposition to Issuer
Common Stock, par value $0.0001 per share
2011-09-16−1,360,000→ 0 total - Disposition to Issuer
Common Stock, par value $0.0001 per share
2011-09-16$6.50/sh−5,000$32,500→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to that certain Amended and Restated Agreement and Plan of Merger dated as of May 3, 2011 (the "Merger Agreement"), by and among Rightmark Holdings Limited, a British Virgin Islands company ("Parent"), Rightmark Merger Sub Limited, a Delaware corporation and a wholly owned, direct subsidiary of Parent ("Merger Sub"), China Security & Surveillance Technology, Inc. (the "Issuer") and Mr. Guoshen Tu (solely for the purpose of Section 6.15 of the Merger Agreement), pursuant to which Merger Sub merged with and into the Issuer with the Issuer surviving the merger as a wholly owned subsidiary of Parent (the "Merger"), in exchange for $6.50 per share, without interest, on the effective date of the Merger. The Merger became effective on September 16, 2011.
- [F2]In connection with the Merger, the reporting person contributed 1,360,000 shares of the Issuer's common stock to Parent immediately prior to the consummation of the Merger pursuant to that certain equity rollover agreement dated as of April 20, 2011, by and among Parent, Intelligent One Limited, a British Virgin Islands company, the reporting person and certain other rollover shareholders.