4//SEC Filing
Romenesko Stuart R 4
Accession 0001179110-11-013670
CIK 0001344907other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 5:22 PM ET
Size
7.3 KB
Accession
0001179110-11-013670
Insider Transaction Report
Form 4
Romenesko Stuart R
Director
Transactions
- Disposition from Tender
Stock Option (right to buy)
2011-09-28−50,000→ 0 totalExercise: $4.10Exp: 2017-02-14→ Common Stock (50,000 underlying) - Disposition from Tender
Common stock
2011-09-28−29,999→ 0 total
Footnotes (3)
- [F1]Represents unvested shares of restricted stock that were converted into the right to receive $14.00 per share in cash (without interest and less any required withholding taxes), in accordance with the terms and conditions of the Agreement and Plan of Merger, dated August 2, 2011 (the "Merger Agreement"), a copy of which was filed with the SEC on August 3, 2011.
- [F2]16,667 shares vested on each 2/14/08 and 2/14/09; 16,666 shares vested on 2/14/10.
- [F3]These stock options were canceled in exchange for the right to receive a cash payment (without interest and less any required withholding taxes) for each such option equal to the excess of $14.00 over the per-share exercise price of such option multiplied by the number of shares underlying such stock option in accordance with the terms and conditions of the Merger Agreement.
Documents
Issuer
GLOBAL TRAFFIC NETWORK, INC.
CIK 0001344907
Entity typeother
Related Parties
1- filerCIK 0001349414
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 5:22 PM ET
- Size
- 7.3 KB