4//SEC Filing
GERBER SCIENTIFIC INC 4
Accession 0001123292-11-000688
CIK 0000041133operating
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 6:49 PM ET
Size
7.6 KB
Accession
0001123292-11-000688
Insider Transaction Report
Form 4
AIKEN DONALD P
Director
Transactions
- Disposition to Issuer
Common Stock
2011-08-22−67,942.3→ 0 total - Disposition to Issuer
Stock Options (Director Right to Buy)
2011-08-22−3,000→ 0 totalExercise: $4.30From: 2002-05-01Exp: 2012-05-01→ Common stock (0 underlying)
Footnotes (2)
- [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]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.
Documents
Issuer
GERBER SCIENTIFIC INC
CIK 0000041133
Entity typeoperating
IncorporatedCT
Related Parties
1- filerCIK 0000041133
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 6:49 PM ET
- Size
- 7.6 KB