4//SEC Filing
LARSON RODNEY W 4
Accession 0001123292-11-000686
CIK 0000041133other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 6:46 PM ET
Size
14.5 KB
Accession
0001123292-11-000686
Insider Transaction Report
Form 4
LARSON RODNEY W
SVP, President Spandex
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-22−28,200→ 0 totalExercise: $8.99Exp: 2018-09-25→ Common stock (0 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-22−84,636→ 0 totalExercise: $5.93Exp: 2020-09-23→ Common stock (0 underlying) - Disposition to Issuer
Common Stock
2011-08-22−20,741→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-22−5,000→ 0 totalExercise: $11.99From: 2010-06-19Exp: 2017-06-19→ Common stock (0 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2011-08-22−25,000→ 0 totalExercise: $9.50From: 2010-12-01Exp: 2007-11-30→ Common stock (0 underlying)
Footnotes (4)
- [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]Date on which option became fully vested.
- [F3]Option became fully vested on the effective date of the merger, August 22, 2011.
- [F4]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. Each vested option with an exercise price above $11.00 per share was cancelled and converted into a contractual right to receive contingent cash consideration payments relating to a patent infringement claim.
Documents
Issuer
GERBER SCIENTIFIC INC
CIK 0000041133
Entity typeother
Related Parties
1- filerCIK 0001230022
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 6:46 PM ET
- Size
- 14.5 KB