Zinberg David 4
4 · Bidz.com, Inc. · Filed Nov 26, 2012
Insider Transaction Report
Form 4
Bidz.com, Inc.BIDZ
Zinberg David
DirectorCEO10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-11-26$0.78/sh−2,848,134$2,221,545→ 0 total - Disposition to Issuer
Restricted Stock
2012-11-26$0.78/sh−50,000$39,000→ 0 total
Footnotes (2)
- [F1]Disposed of in connection with the merger of Bidz.com, Inc. with Bidz Acquisition Company, Inc., a wholly owned subsidiary of Glendon Group, Inc. effective November 26, 2012 (the "Merger"), pursuant to the Agreement and Plan of Merger dated as of May 17, 2012. In connection with the Merger, the shares listed were exchanged for an equity interest in Glendon Group, Inc.
- [F2]Upon completion of the merger, each share of restricted stock became fully vested, and were canceled in exchange for an equity interest in Glendon Group, Inc.