Bowers Brian 4
4 · Clark Holdings Inc. · Filed Nov 8, 2011
Insider Transaction Report
Form 4
Bowers Brian
Director
Transactions
- Disposition to Issuer
Common Stock
2011-11-04$0.46/sh−29,800$13,708→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-11-04$0.14/sh−20,000$2,800→ 0 totalExercise: $0.32Exp: 2020-06-30→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to a merger agreement between the issuer and an affiliate of The Gores Group, LLC.
- [F2]This option, which provided for vesting in 6 equal, semi-annual installments beginning on January 1, 2011, was canceled in the merger in exchange for a cash payment of $2,800, representing the difference between the exercise price of the option and the per share merger consideration of $0.46.