LAROSE ROBERT C 4
4 · Clark Holdings Inc. · Filed Nov 7, 2011
Insider Transaction Report
Form 4
LAROSE ROBERT C
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2011-11-04$0.01/sh−10,000$100→ 0 totalExercise: $0.45Exp: 2020-02-04→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Disposed of pursuant to a merger agreement between the issuer and an affiliate of The Gores Group, LLC. This option, which provided for vesting in 6 equal, semi-annual installments beginning on August 5, 2010, was canceled in the merger in exchange for a cash payment of $100, representing the difference between the exercise price of the option and the per share merger consideration of $0.46.