Bloomgren Kevan D 4
4 · Clark Holdings Inc. · Filed Nov 8, 2011
Insider Transaction Report
Form 4
Bloomgren Kevan D
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2011-11-04$0.10/sh−30,000$3,000→ 0 totalExercise: $0.36Exp: 2020-06-01→ Common Stock (30,000 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 3 equal installments on June 2, 2011, 2012 and 2013, was canceled in the merger in exchange for a cash payment of $3,000, representing the difference between the exercise price of the option and the per share merger consideration of $0.46.