4//SEC Filing
RCN CORP /DE/ 4
Accession 0001140361-10-035512
CIK 0001041858operating
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 4:24 PM ET
Size
12.3 KB
Accession
0001140361-10-035512
Insider Transaction Report
Form 4
RCN CORP /DE/RCNI
RAMANI P K
President Business Services
Transactions
- Disposition to Issuer
Options to Purchase Common Stock
2010-08-26$15.00/sh−8,185$122,775→ 0 totalExercise: $9.05From: 2010-08-26Exp: 2016-08-12→ Common Stock (8,185 underlying) - Disposition to Issuer
Options to Purchase Common Stock
2010-08-26$15.00/sh−32,666$489,990→ 0 totalExercise: $11.22From: 2010-08-26Exp: 2015-03-13→ Common Stock (32,666 underlying) - Disposition to Issuer
Common Stock
2010-08-26$15.00/sh−69,326$1,039,890→ 0 total - Disposition to Issuer
Options to Purchase Common Stock
2010-08-26$15.00/sh−99,972$1,499,580→ 0 totalExercise: $13.79From: 2010-08-26Exp: 2012-01-01→ Common Stock (99,972 underlying)
Footnotes (3)
- [F1]Includes 36,962 previously unvested Restricted Stock Units, each of which automatically vested in connection with the closing of the transactions contemplated by the Merger Agreement in accordance with the terms of the Merger Agreement.
- [F2]Shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 5, 2010, as amended, by and among RCN Corporation, Yankee Cable Acquisition, LLC, Yankee Metro Parent, Inc. and Yankee Metro Merger Sub, Inc. in exchange for $15.00 per share in cash.
- [F3]Pursuant to the Merger Agreement, options cancelled and converted into the right to receive, for each share underlying such option, a cash payment equal to the excess, if any, of $15.00 over such option's per-share exercise price.
Documents
Issuer
RCN CORP /DE/
CIK 0001041858
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001041858
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 4:24 PM ET
- Size
- 12.3 KB