MET PRO CORP 4
4 · MET PRO CORP · Filed Aug 29, 2013
Insider Transaction Report
Form 4
MET PRO CORPMPR
SILVERMAN STANLEY W
Director
Transactions
- Disposition to Issuer
Non-Statutory Stock Purchase Option
2013-08-27−16,250→ 0 totalExercise: $9.69Exp: 2019-12-11→ Common Stock (16,250 underlying) - Disposition to Issuer
Restricted Stock Units
2013-08-27−2,230→ 0 totalExercise: $0.00→ Common Stock (2,230 underlying) - Disposition to Issuer
Common Stock, Par value $ .10
2013-08-27−9,733→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between Issuer and CECO Environmental Corp. in exchange for 1.0843 shares of CECO common stock or $13.75 in cash for each share of Issuer common stock, subject to cash/stock elections and proration procedures set forth in the merger agreement.
- [F2]Pursuant to the merger agreement between Issuer and CECO, these options were cancelled in exchange for the right to receive a cash payment equal to the difference between the exercise price and $13.75.
- [F3]These RSUs were scheduled to vest on 06/05/2014, subject to earlier acceleration, and were disposed of pursuant to merger agreement between Issuer and CECO Environmental Corp. in exchange for $13.75 per RSU.