4//SEC Filing
COSTA INC 4
Accession 0001140361-14-004259
CIK 0000025793operating
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 5:18 PM ET
Size
7.9 KB
Accession
0001140361-14-004259
Insider Transaction Report
Form 4
COSTA INCATX
BASSI JOSEPH V
Director of Finance
Transactions
- Disposition to Issuer
Class A Common Stock
2014-01-31−2,722→ 0 total - Disposition to Issuer
Stock Option
2014-01-31−4,000→ 0 totalExercise: $3.50Exp: 2018-12-12→ Class A Common Stock (4,000 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 7, 2013, by and among Costa Inc., a Rhode Island corporation (the "Company"), Essilor International SA, a French societe anonyme ("Essilor"), and GWH Acquisition Sub Inc., a Rhode Island corporation and an indirect wholly-owned subsidiary of Essilor ("Merger Sub"), at the effective time of the merger, each outstanding share of the Company's Class A Common Stock, par value $1.00 per share, was converted into the right to receive $21.50 in cash (the "Merger Consideration").
- [F2]This option was fully vested and exercisable prior to the effective time of the merger.
- [F3]Pursuant to the terms of the Merger Agreement, each outstanding option to purchase the Company's Class A Common Stock was cancelled and converted as of the effective time of the merger into the right to receive an amount in cash determined by multiplying (i) the excess, if any, of the Merger Consideration over the per-share exercise price of the Class A Common Stock subject to such stock option by (ii) the number of shares of Class A Common Stock subject to such option.
Documents
Issuer
COSTA INC
CIK 0000025793
Entity typeoperating
IncorporatedRI
Related Parties
1- filerCIK 0000025793
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 5:18 PM ET
- Size
- 7.9 KB