RLJ Acquisition, Inc. 4
4 · RLJ Acquisition, Inc. · Filed Oct 5, 2012
Insider Transaction Report
Form 4
GOLDFARB MORRIS
Director
Transactions
- Disposition to Issuer
Warrant to purchase common stock
2012-10-03−100,000→ 0 totalExercise: $12.00→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share.
2012-10-03−157,500→ 0 total
Footnotes (2)
- [F1]Disposed of in exchange for 157,500 shares of common stock, par value $0.001 per share, of RLJ Entertainment, Inc. ("RLJ Entertainment") in connection with the consummation on October 3, 2012 of the merger (the "Merger") of RLJ Acquisition, Inc. (the "Issuer") with RLJ Merger Sub I, Inc., a wholly-owned subsidiary of RLJ Entertainment, pursuant to that certain Merger Agreement, dated as of April 2, 2012, by and between the Issuer, RLJ Entertainment, and Image Entertainment, Inc., as amended, and in reliance upon the exemption from Section 16(b) of the Securities Exchange Act of 1934, as amended provided in Rule 16b-3 promulgated thereunder.
- [F2]The warrants, which were not exercisable prior to the consummation on October 3, 2012 of the Merger, were automatically converted in connection with the Merger into warrants to purchase common stock of RLJ Entertainment which expire on the earlier to occur of: (i) October 3, 2017 and (ii) the liquidation of RLJ Entertainment.