Scarboro Ronald L 4
4 · MModal Inc. · Filed Aug 21, 2012
Insider Transaction Report
Form 4
MModal Inc.MODL
Scarboro Ronald L
Chief Financial Officer
Transactions
- Disposition from Tender
Common Stock
2012-08-17$14.00/sh−43,621$610,694→ 29,532 total - Disposition to Issuer
Common Stock
2012-08-17$14.00/sh−29,532$413,448→ 0 total
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of July 2, 2012, by and among the Issuer, Legend Parent, Inc., and Legend Acquisition Sub, Inc., at the effective time of the merger, 12,225 restricted stock units, which provided for vesting in three equal annual installments beginning on April 1, 2013, and 17,307 restricted stock units, which provided for vesting in three equal annual installments beginning on June 14, 2013, became fully vested, and each restricted stock unit was canceled in exchange for a cash payment of $14.00.