Lai Zhibin 4
4 · China TransInfo Technology Corp. · Filed Nov 2, 2012
Insider Transaction Report
Form 4
Lai Zhibin
Vice President
Transactions
- Disposition to Issuer
Common Stock, par value $0.001 per share
2012-10-31$5.80/sh−634,378$3,679,392→ 0 total
Footnotes (2)
- [F1]On October 31, 2012, China TransInfo Technology Corp. (the "Issuer") completed the merger pursuant to that certain Agreement and Plan of Merger dated as of June 8, 2012 (the "Merger Agreement"), by and among the Issuer, TransCloud Company Limited, a Cayman Islands exempted company with limited liability ("Parent") and TransCloud Acquisition, Inc., a Nevada corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent.
- [F2]The shares were disposed pursuant to the Merger Agreement, in exchange for $5.80 per share, without interest, on October 31, 2012.