LYNCH TOM 4
4 · InfoLogix Inc · Filed Jan 18, 2011
Insider Transaction Report
Form 4
InfoLogix IncIFLG
LYNCH TOM
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2011-01-18$2.35/sh−4,166$9,790→ 0 totalExercise: $2.40Exp: 2020-01-26→ Common Stock, par value $0.00001 per share (4,166 underlying) - Disposition to Issuer
Common Stock
2011-01-18$4.75/sh−1,360$6,460→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to agreement and plan of merger by and among Stanley Black & Decker, Inc., Iconic Merger Sub, Inc. and InfoLogix, Inc. in exchange for $4.75 per share, without interest, less any applicable withholding tax, on the effective date of the merger.
- [F2]The option, which originally granted optionee the right to purchase 6,000 shares of common stock and provided for vesting of 50% on July 26, 2010 and in eighteen equal installments thereafter, was cancelled simultaneously with the merger in exchange for $2.35 per vested share of underlying common stock, reflecting merger consideration of $4.75 per share less the applicable exercise price of $2.40 per share of underlying common stock, without interest, less any applicable withholding tax, on the effective date of the merger. The remaining unvested shares subject to the option were cancelled without consideration.