4//SEC Filing
GLOBECOMM SYSTEMS INC 4
Accession 0001140361-13-045895
CIK 0001031028operating
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:16 PM ET
Size
7.4 KB
Accession
0001140361-13-045895
Insider Transaction Report
Form 4
Silberstein Andrew
VP & GM, Services
Transactions
- Disposition to Issuer
Common Stock
2013-12-11−23,495→ 0 total - Disposition to Issuer
Stock Option
2013-12-11−5,000→ 0 totalExercise: $4.80Exp: 2019-03-01→ 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
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, 5:16 PM ET
- Size
- 7.4 KB