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4//SEC Filing

MAC-GRAY CORP 4

Accession 0001179110-14-000907

CIK 0001038280operating

Filed

Jan 12, 7:00 PM ET

Accepted

Jan 13, 6:11 PM ET

Size

25.8 KB

Accession

0001179110-14-000907

Insider Transaction Report

Form 4
Period: 2014-01-09
MACLELLAN NEIL F III
Executive Vice President
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$13.86/sh37,152$514,9270 total
    Exercise: $7.39Exp: 2019-01-08Common Stock (37,152 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$11.94/sh21,368$255,1340 total
    Exercise: $9.31Exp: 2020-01-17Common Stock (21,368 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$6.27/sh15,030$94,2380 total
    Exercise: $14.98Exp: 2021-01-17Common Stock (15,030 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$7.23/sh20,268$146,5380 total
    Exercise: $14.02Exp: 2022-02-02Common Stock (20,268 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$9.18/sh25,731$236,2110 total
    Exercise: $12.07Exp: 2023-01-30Common Stock (25,731 underlying)
  • Disposition to Issuer

    Common Stock

    2014-01-09130,1490 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$12.65/sh25,000$316,2500 total
    Exercise: $8.60Exp: 2015-05-24Common Stock (25,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$8.39/sh18,660$156,5570 total
    Exercise: $12.86Exp: 2017-01-16Common Stock (18,660 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$11.30/sh3,360$37,9680 total
    Exercise: $9.95Exp: 2018-06-11Common Stock (3,360 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$9.39/sh13,782$129,4130 total
    Exercise: $11.86Exp: 2016-03-31Common Stock (13,782 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$9.62/sh22,689$218,2680 total
    Exercise: $11.63Exp: 2018-01-06Common Stock (22,689 underlying)
Footnotes (2)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 14, 2013, by and among Mac-Gray Corporation ("Mac-Gray"), CSC ServiceWorks Holdings, Inc., CSC ServiceWorks, Inc., Spin Holdco Inc. and CSC Fenway, Inc. (the "Merger Agreement"). The Merger Agreement provides that each share of Mac-Gray common stock and each outstanding restricted stock unit shall be converted into the right to receive $21.25 in cash, without interest (the "Merger"). The total reported as disposed in this Form 4 includes shares of common stock and restricted stock units, including 1,207 shares of common stock issued pursuant to Mac-Gray's employee stock purchase plan and 18,043 performance-based restricted stock units not previously reported by the Reporting Person.
  • [F2]Immediately prior to the effective time of the Merger, each Mac-Gray stock option, whether or not vested and exercisable, outstanding and unexercised immediately prior to the effective time was converted into the right to receive an amount in cash (less applicable tax withholdings) equal to the product of (a) the excess of $21.25 over the per share exercise price of such stock option and (b) the total number of shares of common stock subject to such stock option.

Issuer

MAC-GRAY CORP

CIK 0001038280

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001038280

Filing Metadata

Form type
4
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 6:11 PM ET
Size
25.8 KB