4//SEC Filing
Wynne Cheryl A 4
Accession 0001062993-23-022204
CIK 0001054721other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:15 PM ET
Size
9.1 KB
Accession
0001062993-23-022204
Insider Transaction Report
Form 4
BSQUARE CORP /WABSQR
Wynne Cheryl A
Chief Financial Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2023-12-08−45,000→ 0 totalExercise: $1.43Exp: 2030-11-16→ Common Stock (45,000 underlying) - Exercise/Conversion
Common Stock
2023-12-08$1.43/sh+45,000$64,350→ 45,000 total - Disposition to Issuer
Common Stock
2023-12-08+45,000→ 0 total
Footnotes (2)
- [F1]In connection with that certain Agreement and Plan of Merger by and among Bsquare Corporation (the "Company"), Kontron America, Incorporated, and Kontron MergerSub, Inc., dated as of October 11, 2023 (the "Merger Agreement") and the related tender offer, the Reporting Person became entitled to receive, in respect of each share of the Company's Common Stock, an amount in cash equal to $1.90 (the "Offer Price").
- [F2]The Merger Agreement provides that, at the Effective Time (as defined in the Merger Agreement), subject to any required withholding taxes, each compensatory option to purchase Shares (a "Company Option") that is then outstanding and unexercised whether or not vested, and has a per Share exercise price that is less than the Offer Price (each, an "In the Money Option"), will be cancelled and converted into the right to receive a cash payment equal to (i) the excess, if any, of (A) the Offer Price over (B) the exercise price payable per Share under such In the Money Option, (ii) multiplied by the total number of Shares subject to such In the Money Option immediately prior to the Effective Time.
Issuer
BSQUARE CORP /WA
CIK 0001054721
Entity typeother
Related Parties
1- filerCIK 0002002788
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 4:15 PM ET
- Size
- 9.1 KB