4//SEC Filing
Eddings Eric C 4
Accession 0001179110-09-016889
CIK 0000913032other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 5:43 PM ET
Size
12.4 KB
Accession
0001179110-09-016889
Insider Transaction Report
Form 4
Eddings Eric C
DirectorPresident
Transactions
- Disposition from Tender
Common Stock
2009-12-11$2.70/sh−75,593$204,101→ 0 total - Disposition from Tender
Stock Options
2009-12-14−150,000→ 0 totalExercise: $3.89→ Stock Options - Disposition from Tender
Stock Options
2009-12-14$1.58/sh−100,000$158,000→ 0 totalExercise: $1.12→ Stock Options - Disposition from Tender
Stock Options
2009-12-14−15,000→ 0 totalExercise: $3.95→ Stock Options
Footnotes (2)
- [F1]All shares held by the filing person were paid for in connection with the change of control which occurred upon the acceptance of shares pursuant to the tender off (the "Offer"), which was launched in connection with the Agreement and Plan of Merger, dated as of October 8, 2009 (the "Merger Agreement"), by and among Pulmuone U.S.A., Inc. ("Parent"), Pulmuone Cornerstone Corporation, a wholly owned subsidiary of Parent ("Purchaser"), and Monterey Gourmet Foods, Inc. (the "Company"). On December 11, 2009, all shares which were tendered by the filing person in connection with the Offer were accepted for payment by Purchaser.
- [F2]Pursuant to the Merger Agreement, all options held by the filing person were canceled in connection with the merger of Purchaser with and into the Company, effective December 14, 2009, in exchange for the right to receive cash equal to the product of (x) the excess, if any, of the merger consideration of $2.70 per share over the exercise price per share of the option multiplied by (y) the number of shares subject to the option.
Documents
Issuer
MONTEREY GOURMET FOODS
CIK 0000913032
Entity typeother
Related Parties
1- filerCIK 0001374846
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 5:43 PM ET
- Size
- 12.4 KB