4//SEC Filing
MULTIBAND CORP 4
Accession 0001144204-13-049089
CIK 0000732412operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 7:41 PM ET
Size
12.5 KB
Accession
0001144204-13-049089
Insider Transaction Report
Form 4
MULTIBAND CORPMBND
EKMAN DAVID
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 totalExercise: $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 totalExercise: $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 totalExercise: $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
Issuer
MULTIBAND CORP
CIK 0000732412
Entity typeoperating
IncorporatedMN
Related Parties
1- filerCIK 0000732412
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 7:41 PM ET
- Size
- 12.5 KB