4//SEC Filing
WOROBOW GARY L 4
Accession 0001179110-11-013672
CIK 0001344907other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 5:23 PM ET
Size
14.0 KB
Accession
0001179110-11-013672
Insider Transaction Report
Form 4
WOROBOW GARY L
EVP, Business & Legal Affairs
Transactions
- Disposition from Tender
Stock Options (right to buy)
2011-09-28−20,000→ 0 totalExercise: $5.51Exp: 2020-08-12→ Common Stock (20,000 underlying) - Disposition from Tender
Stock Options (right to buy)
2011-09-28−10,000→ 0 totalExercise: $11.90Exp: 2021-07-06→ Common Stock (10,000 underlying) - Disposition from Tender
Stock Options (right to buy)
2011-09-28−20,000→ 0 totalExercise: $3.76Exp: 2019-07-09→ Common Stock (20,000 underlying) - Disposition from Tender
Common stock
2011-09-28−70,000→ 0 total - Disposition from Tender
Stock Options (right to buy)
2011-09-28−50,000→ 0 totalExercise: $4.66From: 2009-12-08Exp: 2019-03-11→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]These shares of common stock 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]Includes 29,999 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 connection with the Merger Agreement.
- [F3]6,666 shares vest on 7/9/12.
- [F4]6,667 shares vest on 8/12/2012; and 6,666 shares vest on 8/12/2013.
- [F5]3,334 shares vest on 7/6/2012; and 3,333 shares vest on each of 7/6/2013 and 7/6/2014.
- [F6]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 0001383280
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 5:23 PM ET
- Size
- 14.0 KB