Koll Detlef 4
4 · MModal Inc. · Filed Aug 21, 2012
Insider Transaction Report
Form 4
MModal Inc.MODL
Koll Detlef
Chief Technology Officer
Transactions
- Disposition from Tender
Common Stock
2012-08-17$14.00/sh−934,003$13,076,042→ 6,877 total - Disposition to Issuer
Common Stock
2012-08-17$14.00/sh−6,877$96,278→ 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, 6,877 restricted stock units, which provided for vesting in three equal annual installments beginning on April 1, 2013, became fully vested, and each restricted stock unit was canceled in exchange for a cash payment of $14.00.