4//SEC Filing
MModal Inc. 4
Accession 0001140361-12-038079
CIK 0001441567operating
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 8:15 PM ET
Size
57.3 KB
Accession
0001140361-12-038079
Insider Transaction Report
Form 4
MModal Inc.MODL
SAC Capital Advisors Inc
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.10 per share (the "Common Stock")
2012-08-17$14.00/sh−2,489$34,846→ 0 total(indirect: See Footnotes) - OtherSwap
Common Stock
2012-08-20$14.00/sh+100$1,400→ 100 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−15,768,938$220,765,132→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−1,484,689$20,785,646→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−304,175$4,258,450→ 0 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Common Stock
2012-08-20$10.93/sh−100$1,093→ 0 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Equity Swap (obligation to sell)
2012-08-20−1→ 0 total(indirect: See Footnotes)Exercise: $10.93→ Common Stock (100 underlying)
SAC Capital Advisors LP
Director10% Owner
Transactions
- Sale
Common Stock
2012-08-17$14.00/sh−15,768,938$220,765,132→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−304,175$4,258,450→ 0 total(indirect: See Footnotes) - Sale
Common Stock, par value $0.10 per share (the "Common Stock")
2012-08-17$14.00/sh−2,489$34,846→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−1,484,689$20,785,646→ 0 total(indirect: See Footnotes) - OtherSwap
Common Stock
2012-08-20$14.00/sh+100$1,400→ 100 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Equity Swap (obligation to sell)
2012-08-20−1→ 0 total(indirect: See Footnotes)Exercise: $10.93→ Common Stock (100 underlying) - Exercise of In-MoneySwap
Common Stock
2012-08-20$10.93/sh−100$1,093→ 0 total(indirect: See Footnotes)
S.A.C. Private Capital Group, LLC
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.10 per share (the "Common Stock")
2012-08-17$14.00/sh−2,489$34,846→ 0 total(indirect: See Footnotes) - OtherSwap
Common Stock
2012-08-20$14.00/sh+100$1,400→ 100 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Common Stock
2012-08-20$10.93/sh−100$1,093→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−15,768,938$220,765,132→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−1,484,689$20,785,646→ 0 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Equity Swap (obligation to sell)
2012-08-20−1→ 0 total(indirect: See Footnotes)Exercise: $10.93→ Common Stock (100 underlying) - Sale
Common Stock
2012-08-17$14.00/sh−304,175$4,258,450→ 0 total(indirect: See Footnotes)
COHEN STEVEN A/SAC CAPITAL MGMT LP
Director10% Owner
Transactions
- Exercise of In-MoneySwap
Equity Swap (obligation to sell)
2012-08-20−1→ 0 total(indirect: See Footnotes)Exercise: $10.93→ Common Stock (100 underlying) - OtherSwap
Common Stock
2012-08-20$14.00/sh+100$1,400→ 100 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Common Stock
2012-08-20$10.93/sh−100$1,093→ 0 total(indirect: See Footnotes) - Sale
Common Stock, par value $0.10 per share (the "Common Stock")
2012-08-17$14.00/sh−2,489$34,846→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−15,768,938$220,765,132→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−1,484,689$20,785,646→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−304,175$4,258,450→ 0 total(indirect: See Footnotes)
SAC CAPITAL ADVISORS LLC
Director10% Owner
Transactions
- Sale
Common Stock
2012-08-17$14.00/sh−15,768,938$220,765,132→ 0 total(indirect: See Footnotes) - Exercise of In-MoneySwap
Equity Swap (obligation to sell)
2012-08-20−1→ 0 total(indirect: See Footnotes)Exercise: $10.93→ Common Stock (100 underlying) - Exercise of In-MoneySwap
Common Stock
2012-08-20$10.93/sh−100$1,093→ 0 total(indirect: See Footnotes) - Sale
Common Stock, par value $0.10 per share (the "Common Stock")
2012-08-17$14.00/sh−2,489$34,846→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−1,484,689$20,785,646→ 0 total(indirect: See Footnotes) - Sale
Common Stock
2012-08-17$14.00/sh−304,175$4,258,450→ 0 total(indirect: See Footnotes) - OtherSwap
Common Stock
2012-08-20$14.00/sh+100$1,400→ 100 total(indirect: See Footnotes)
Footnotes (9)
- [F1]Securities directly beneficially owned by S.A.C. MultiQuant Fund, LLC ("SAC MultiQuant").
- [F2]Securities directly beneficially owned by S.A.C. PEI CB Investment, L.P. ("SAC CBI").
- [F3]Securities directly beneficially owned by S.A.C. PEI CB Investment II, LLC ("SAC CBI II").
- [F4]Securities directly beneficially owned by International Equities (S.A.C. Asia) Limited ("SAC Asia").
- [F5]The general partner of SAC CBI is S.A.C. PEI CB Investment GP, Limited ("SAC CBI GP"); S.A.C. Private Equity Investors, L.P. ("SAC PEI") is the sole shareholder of SAC CBI GP; S.A.C. Private Equity GP, L.P. ("SAC PEI GP") is the general partner of SAC PEI; S.A.C. Capital Management, LLC ("SAC Management LLC") is the general partner of SAC PEI GP; and Mr. Steven A. Cohen controls SAC Management LLC. The manager of SAC CBI II is S.A.C. Private Capital Group, LLC ("SAC PCG"); SAC Advisors LP manages SAC PCG; S.A.C. Capital Advisors Inc. ("SAC Advisors Inc.") is the general partner of SAC Advisors LP; and Mr. Cohen controls SAC Advisors Inc.
- [F6](Continued from footnote 5) Pursuant to investment management agreements, SAC Advisors LP and S.A.C. Capital Advisors, LLC ("SAC Advisors LLC") maintain voting and dispositive power with respect to securities held by SAC Asia; and Mr. Cohen controls SAC Advisors LLC. Pursuant to an investment management agreement, SAC Advisors LP maintains voting and dispositive power with respect to securities held by SAC MultiQuant.
- [F7]Messrs. Peter Berger, Frank Baker and Jeffrey Hendren were directors of the issuer, are former employees of SAC PCG and continued to oversee the Reporting Persons' investment in the issuer.
- [F8]Because no more than 10 reporting persons can submit any one Form 4 through the Securities and Exchange Commission's EDGAR system, SAC Management LLC, SAC CBI, SAC CBI II, SAC CBI GP, SAC PEI and SAC PEI GP have submitted a separate Form 4. Although submitted separately, the two submissions are intended to be a single filing.
- [F9]On August 20, 2012, an equity swap transaction that was entered into between SAC MultiQuant and a securities broker on January 27, 2012 was settled. SAC MultiQuant paid the broker $1,400, representing $14.00 per share with respect to each of the 100 shares of the issuer's common stock referenced in the transaction, which amount was offset by $1,093 owed by the broker to SAC MultiQuant, representing $10.93 per share with respect to each of the 100 shares of the issuer's common stock referenced in the transaction. The settlement of the equity swap and the reported sale of common stock in connection therewith are deemed exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16-6(b) thereunder.
Documents
Issuer
MModal Inc.
CIK 0001441567
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001441567
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 8:15 PM ET
- Size
- 57.3 KB