Optelecom-NKF, Inc. 4
4 · Optelecom-NKF, Inc. · Filed Jan 28, 2011
Insider Transaction Report
Form 4
FATZINGER WALTER R JR
Director
Transactions
- Disposition to Issuer
Common Stock
2011-01-27$2.45/sh−15,750$38,588→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger dated November 10, 2010 (the "Merger Agreement") among the Issuer, Ohio Merger Subsidiary, Inc., a Delaware corporation ("Merger Sub"), and TKH Group N.V., a company organized and existing under the laws of The Netherlands ("Parent"). As provided for in the Merger Agreement, each issued and outstanding share of common stock of the Issuer was cancelled and automatically converted into the right to receive $2.45 in cash, without interest and less any applicable withholding taxes (the "Per Share Merger Consideration"). In addition, each outstanding stock option to purchase shares of common stock vested in full and each restricted stock unit outstanding vested in full and converted into the right to receive an amount in cash equal to the Per Share Merger Consideration.