4//SEC Filing
'mktg, inc.' 4
Accession 0001144204-14-053839
CIK 0000886475operating
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 7:15 PM ET
Size
19.0 KB
Accession
0001144204-14-053839
Insider Transaction Report
Form 4
'mktg, inc.'CMKG
Horsey Charles W.
President
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2014-08-27$0.80/sh−400,000$320,000→ 0 totalExercise: $2.00Exp: 2023-10-31→ Common Stock (400,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-08-27$0.80/sh−200,000$160,000→ 0 totalExercise: $2.00Exp: 2023-10-31→ Common Stock (200,000 underlying) - Disposition to Issuer
Warrant (right to buy)
2014-08-27$2.80/sh−98,251$275,005→ 0 totalExercise: $0.00Exp: 2015-12-15→ Common Stock (98,251 underlying) - Disposition to Issuer
Common Stock
2014-08-27$2.80/sh−664,356$1,860,197→ 0 total - Conversion
Series D Preferred Stock
2014-08-26−76,442→ 0 totalExercise: $0.47→ Common Stock (162,643 underlying) - Conversion
Common Stock
2014-08-26$0.47/sh+162,643$76,442→ 664,356 total - Disposition to Issuer
Stock Option (right to buy)
2014-08-27$2.37/sh−953,284$2,259,283→ 0 totalExercise: $0.43Exp: 2020-04-01→ Common Stock (953,284 underlying)
Footnotes (8)
- [F1]The Reporting Person converted 76,442 shares of Series D Preferred Stock at a conversion price of $0.47 per share, resulting in his acquisition of 162,643 shares of common stock.
- [F2]Disposed of upon consummation of the merger (the "Merger") contemplated by the Agreement and Plan of Merger by and among the Issuer, Aegis Lifestyle, Inc. and Morgan Acquisition, Inc., dated as of May 27, 2014 (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, each share of common stock was exchanged for the right to receive $2.80 in cash.
- [F3]The Series D Preferred Stock is convertible into common stock at any time and has no expiration date.
- [F4]Currently Exercisable.
- [F5]Pursuant to the Merger Agreement, such stock option was cancelled and converted into the right to receive an amount in cash equal to the excess of $2.80 over the exercise price of such option.
- [F6]This option fully accelerated at the effective time of the merger.
- [F7]Pursuant to its terms, this option accelerated as to 200,000 shares subject thereto at the effective time of the Merger. Pursuant to the Merger Agreement, such option was exchanged for the right to receive an amount in cash equal to the excess of $2.80 over the exercise price of such option only with respect to 200,000 shares subject to such stock option, and the remaining 200,000 shares subject to such option were canceled without payment.
- [F8]Pursuant to the Merger Agreement, such warrant was cancelled and converted into the right to receive an amount in cash equal to the excess of $2.80 over the exercise price of such warrant.
Documents
Issuer
'mktg, inc.'
CIK 0000886475
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000886475
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 7:15 PM ET
- Size
- 19.0 KB