4//SEC Filing
Enventis Corp 4
Accession 0001140361-14-038434
CIK 0000766561operating
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 1:32 PM ET
Size
15.1 KB
Accession
0001140361-14-038434
Insider Transaction Report
Form 4
Enventis CorpENVE
FINKE JOHN W
Chief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2014-10-16$19.39/sh−15,268$296,047→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2014-10-16$19.39/sh−43,337$840,304→ 0 total - Disposition to Issuer
Option (Right to buy)
2014-10-16$11.44/sh−15,000$171,600→ 0 totalExercise: $6.95From: 2009-09-02Exp: 2016-09-01→ Common Stock (15,000 underlying) - Tax Payment
Common Stock
2014-10-16$18.25/sh−2,932$53,509→ 43,337 total - Disposition to Issuer
Common Stock
2014-10-16$19.39/sh−71,591$1,388,149→ 0 total(indirect: By Spouse) - Disposition to Issuer
Option (Right to buy)
2014-10-16$7.54/sh−15,000$113,100→ 0 totalExercise: $10.85From: 2008-02-17Exp: 2016-02-15→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to a merger agreement (the "Merger Agreement") between Enventis Corporation, Consolidated Communications Holdings, Inc. ("Consolidated") and Sky Merger Sub Inc. in exchange for 11,301 shares of Consolidated common stock with a market value of $295,973.19 on the effective date of the merger.
- [F2]Disposed of pursuant to the Merger Agreement in exchange for 52,991 shares of Consolidated common stock with a market value of $1,387,834.29 on the effective date of the merger.
- [F3]Disposed of pursuant to the Merger Agreement in exchange for 32,078 shares of Consolidated common stock with a market value of $840,122.82 on the effective date of the merger.
- [F4]This option, which is fully vested, is disposed of pursuant to Merger Agreement in exchange for a cash payment of $113,100 representing the difference between the exercise price of the option and the market value of Consolidated stock (calculated as a five-day average immediately prior to the effective date of the merger) times the exchange ratio of .7402.
- [F5]This option, which is fully vested, is disposed of pursuant to the Merger Agreement in exchange for a cash payment of $171,600 the difference between the exercise price of the option and the market value of Consolidated stock (calculated as a five-day average immediately prior to the effective date of the merger) times the exchange ratio of .7402.
Documents
Issuer
Enventis Corp
CIK 0000766561
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000766561
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 1:32 PM ET
- Size
- 15.1 KB