4//SEC Filing
Donohue Christopher Edward 4
Accession 0001144204-10-066205
CIK 0000805054other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 6:50 PM ET
Size
11.7 KB
Accession
0001144204-10-066205
Insider Transaction Report
Form 4
Donohue Christopher Edward
Vice President
Transactions
- Disposition from Tender
Common Stock
2010-12-13$8.35/sh−8,564$71,509→ 37,125 total - Disposition from Tender
Common Stock
2010-12-13$8.35/sh−35,820$299,097→ 0 total - Disposition from Tender
Common Stock
2010-12-13$8.35/sh−1,305$10,897→ 35,820 total(indirect: By 401(k)) - Disposition from Tender
Option - Right to Buy
2010-12-13−75,000→ 0 totalExercise: $9.08Exp: 2018-04-07→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among TechTeam Global, Inc. (the "Company"), Stefanini International Holdings Ltd ("Parent") and Platinum Merger Sub, Inc. ("Purchaser"), these shares were tendered pursuant to a tender offer by Purchaser to purchase all outstanding Company common stock for $8.35 a share, without interest, less any withholding taxes. The offer was consummated on December 13, 2010.
- [F2]These shares were held by the reporting person on December 13, 2010 in TechTeam Global, Inc.'s 401(k) plan. Pursuant to the Merger Agreement, these shares were tendered pursuant to a tender offer by Purchaser to purchase all outstanding Company common stock for $8.35 a share, without interest, less any withholding taxes. The offer was consummated on December 13, 2010.
- [F3]Pursuant to the Merger Agreement, these shares, which were outstanding immediately prior to the time Purchaser merged with and into the Company on December 13, 2010 (the "Merger"), were immediately cancelled and converted into the right to receive cash consideration equal to $8.35, without interest, less any required tax withholdings.
- [F4]These options, which were outstanding and unexercised immediately prior to the purchase of tendered shares by Purchaser (the "Purchase Time") to the extent unvested, accelerated, and became fully vested and all such outstanding and unexercised options were immediately cancelled and terminated at the Purchase Time.
Documents
Issuer
TECHTEAM GLOBAL INC
CIK 0000805054
Entity typeother
Related Parties
1- filerCIK 0001431795
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 6:50 PM ET
- Size
- 11.7 KB