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4//SEC Filing

Burmahl Patricia L 4

Accession 0001123292-11-000681

CIK 0000041133other

Filed

Aug 23, 8:00 PM ET

Accepted

Aug 24, 6:44 PM ET

Size

9.9 KB

Accession

0001123292-11-000681

Insider Transaction Report

Form 4
Period: 2011-08-22
Burmahl Patricia L
SVP, Global HR
Transactions
  • Disposition to Issuer

    Common Stock

    2011-08-221,6080 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-08-2215,0000 total
    Exercise: $7.64Exp: 2020-05-02Common stock (0 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2011-08-2215,6250 total
    Exercise: $5.93Exp: 2020-09-23Common stock (0 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of June 10, 2011, among Gerber Scientific, Inc., Vector Knife Holdings (Cayman), Ltd. and Knife Merger Sub, Inc., pursuant to which each share of Gerber Scientific, Inc. has been converted into the right to receive $11.00 in cash plus a contractual right to receive additional contingent cash consideration payments relating to a patent infringement claim.
  • [F2]Option became fully vested on the effective date of the merger, August 22, 2011.
  • [F3]Each vested option with an exercise price below $11.00 per share was cancelled and converted into the right to receive (1) cash equal to the product of (a) the difference between $11.00 and the applicable exercise price of such option and (b) the number of shares of the Gerber Scientific, Inc. common stock underlying such option, and (2) a contractual right to receive additional contingent cash consideration payments relating to a patent infringement claim.

Issuer

GERBER SCIENTIFIC INC

CIK 0000041133

Entity typeother

Related Parties

1
  • filerCIK 0001490047

Filing Metadata

Form type
4
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 6:44 PM ET
Size
9.9 KB