MULTIBAND CORP 4

4 · MULTIBAND CORP · Filed Sep 3, 2013

Form 4

Period: 2013-08-30

Chief Information Officer

Transactions

Disposition to Issuer
Common Stock
2013-08-30$3.25/sh−337,048$1,095,406→ 0 total
Disposition to Issuer
Employee Stock Option (right to buy)
2013-08-30$1.40/sh−50,000$70,000→ 0 total
Exercise: $1.85Exp: 2017-04-01→ Common Stock (50,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2013-08-30$0.50/sh−40,000$20,000→ 0 total
Exercise: $6.75Exp: 2015-04-27→ Common Stock (40,000 underlying)
Disposition to Issuer
Class C Convertible Preferred Stock
2013-08-30$10.00/sh−109,000$1,090,000→ 0 total
Exercise: $25.00→ Common Stock (43,600 underlying)

Footnotes (5)

[F1]Reflects 12,500 shares of restricted stock disposed of by the reporting person. Pursuant to the terms of a merger agreement with Goodman Networks Incorporated, this restricted stock vested immediately prior to completion of the merger of the issuer with and into a subsidiary of Goodman Networks Incorporated (the "Merger"), and was cancelled for the right to receive cash in an amount equal to $3.25 per share of restricted stock.
[F2]Pursuant to the terms of a tender offer of the issuer, this option has been cancelled in exchange for the right to receive cash in an amount equal to $0.50 per share of the common stock underlying the option.
[F3]Pursuant to the terms of a tender offer of the issuer, this option has been cancelled in exchange for the right to receive cash in an amount equal to $1.40 per share of the common stock underlying the option.
[F4]Pursuant to the terms of the Merger, each share of Class C Cumulative Convertible Preferred Stock held by the Reporting Person was cancelled and automatically converted into the right to receive $10.00 per share in cash.
[F5]Not applicable - there is no expiration date for the Class C Cumulative Convertible Preferred Stock.

Documents

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