4//SEC Filing
Hartung Stephen Todd 4
Accession 0001144204-12-019929
CIK 0001468924other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:07 PM ET
Size
9.8 KB
Accession
0001144204-12-019929
Insider Transaction Report
Form 4
SAND HILLS, INCNONE
Hartung Stephen Todd
DirectorVP of Promark Technology, Inc.10% Owner
Transactions
- Award
Common Stock
2012-03-30+4,714,274→ 4,714,274 total - Award
Employee Stock Option (right to buy)
2012-03-30+294,642→ 294,642 totalExercise: $0.01From: 2012-03-30Exp: 2019-06-01→ Common Stock (294,642 underlying) - Award
Employee Stock Option (right to buy)
2012-03-30+1,367,139→ 1,367,139 totalExercise: $0.04From: 2012-03-30Exp: 2021-10-20→ Common Stock (1,367,139 underlying)
Footnotes (3)
- [F1]Received in exchange for 1,600,000 shares of United Strategies, Inc. ("USI") common stock in connection with a merger (the "Merger") among Sand Hills, Inc. ("Sand Hills"); USI; Promark Technology, Inc., a wholly-owned subsidiary of USI; and Promark Acquisition Corporation, a wholly owned subsidiary of Sand Hills ("Merger Sub"), pursuant to which Merger Sub merged with and into USI, with USI continuing as the surviving entity as a wholly owned subsidiary of Sand Hills. On the effective date of the Merger, neither USI nor Sand Hills were actively traded and neither had an ascertainable market price.
- [F2]Received in the Merger in exchange for an employee stock option to acquire 100,000 shares of USI common stock for $0.04 per share.
- [F3]Received in the Merger in exchange for an employee stock option to acquire 464,000 shares of USI common stock for $0.12 per share.
Documents
Issuer
SAND HILLS, INC
CIK 0001468924
Entity typeother
Related Parties
1- filerCIK 0001545968
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:07 PM ET
- Size
- 9.8 KB