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4//SEC Filing

Itkin Garry 4

Accession 0001179110-12-016498

CIK 0001324105other

Filed

Nov 25, 7:00 PM ET

Accepted

Nov 26, 6:47 PM ET

Size

6.5 KB

Accession

0001179110-12-016498

Insider Transaction Report

Form 4
Period: 2012-11-26
Itkin Garry
Director
Transactions
  • Disposition to Issuer

    Restricted Stock

    2012-11-26$0.78/sh26,250$20,4750 total
  • Disposition to Issuer

    Common Stock

    2012-11-26$0.78/sh423,750$330,5250 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 the right to receive $0.78 per share in cash.
  • [F2]Upon completion of the merger, each share of restricted stock became fully vested, and was entitled to receive an amount in cash equal to the merger consideration of $0.78 per share in cancellation of each restricted share. These shares of restricted stock were canceled in exchange for a cash payment of $20,475.

Issuer

Bidz.com, Inc.

CIK 0001324105

Entity typeother

Related Parties

1
  • filerCIK 0001356963

Filing Metadata

Form type
4
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 6:47 PM ET
Size
6.5 KB