MULTIBAND CORP 4
4 · MULTIBAND CORP · Filed Sep 3, 2013
Insider Transaction Report
Form 4
MULTIBAND CORPMBND
WHITNEY KENT
Chief Operating Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2013-08-30$1.40/sh−100,000$140,000→ 0 totalExercise: $1.85Exp: 2017-04-01→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2013-08-30$3.25/sh−73,200$237,900→ 0 total
Footnotes (2)
- [F1]Reflects 35,000 shares of restricted 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 $1.40 per share of the common stock underlying the option.