Pandzik Michael Lee 4
4 · OUTDOOR CHANNEL HOLDINGS INC · Filed May 21, 2013
Insider Transaction Report
Form 4
Pandzik Michael Lee
Director
Transactions
- Disposition from Tender
Common Stock
2013-05-17$10.25/sh−44,860$459,815→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-05-17−15,504→ 0 total→ Common Stock (15,504 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger by and among Issuer, Kroenke Sports & Entertainment, LLC and KSE Merger Sub, Inc. (the "Merger Agreement"), each share of Common Stock was exchanged for $10.25 in cash.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F3]Pursuant to the provisions of the Merger Agreement, the restricted stock units vested in full immediately prior to the closing of the merger.
- [F4]Not applicable.
- [F5]Pursuant to the Merger Agreement, each restricted stock unit was exchanged for $10.25 in cash.