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4//SEC Filing

GLOBECOMM SYSTEMS INC 4

Accession 0001140361-13-045881

CIK 0001031028operating
View on SEC.govCompany Profile

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 5:03 PM ET

Size

19.6 KB

Accession

0001140361-13-045881

Insider Transaction Report

Form 4
Period: 2013-12-11
GLOBECOMM SYSTEMS INCGCOM
TOWBIN A ROBERT
Director
Transactions
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $4.29Exp: 2018-11-19→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $6.19Exp: 2014-11-16→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $6.17Exp: 2015-11-16→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $8.44Exp: 2020-11-17→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Common Stock

    2013-12-11−24,790→ 0 total
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $9.38Exp: 2016-11-15→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $13.39Exp: 2017-11-14→ Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2013-12-11−5,000→ 0 total
    Exercise: $7.53Exp: 2019-11-18→ Common Stock (5,000 underlying)
Footnotes (2)
  • [F1]These shares represent stock that was disposed of pursuant to the Agreement and Plan of Merger, dated as of August 25, 2013, among Globecomm Systems Inc. (the "Company"), Wasserstein Cosmos Co-Invest, L.P., and Cosmos Acquisition Corp. (the "Merger Agreement") in exchange for a cash payment of $14.15 per share. Pursuant to the Merger Agreement, each share of restricted stock will become fully vested and disposed of in exchange for a cash payment of $14.15 per share.
  • [F2]Pursuant to the Merger Agreement, each outstanding stock option, whether vested or unvested, was canceled and converted into the right to receive a cash payment representing the amount, if any, by which $14.15 exceeded the exercise price per share of common stock underlying such stock option.

Documents

1 file

Issuer

GLOBECOMM SYSTEMS INC

CIK 0001031028

→
Entity typeoperating

Related Parties

1
  • filerCIK 0001031028

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:03 PM ET
Size
19.6 KB
View on SEC.gov