4//SEC Filing
COURIER Corp 4
Accession 0001179110-15-009490
CIK 0000025212operating
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 2:53 PM ET
Size
22.0 KB
Accession
0001179110-15-009490
Insider Transaction Report
Form 4
COURIER CorpCRRC
FOLGER PETER M
Sr. Vice President and CFO
Transactions
- Disposition to Issuer
Option (right to buy)
2015-06-08−3,254→ 0 totalExercise: $13.44From: 2017-11-21Exp: 2024-11-21→ Common stock (3,254 underlying) - Disposition to Issuer
Common stock
2015-06-08−37,028→ 0 total - Disposition to Issuer
Common stock
2015-06-08−27,580→ 0 total - Disposition to Issuer
Option (right to buy)
2015-06-08−2,256→ 0 totalExercise: $17.56From: 2016-11-22Exp: 2023-11-22→ Common stock (2,256 underlying) - Disposition to Issuer
Common stock
2015-06-08−3,627→ 0 total(indirect: By ESOP) - Disposition to Issuer
Common stock
2015-06-08−2,736→ 0 total(indirect: By ESOP) - Disposition to Issuer
Option (right to buy)
2015-06-08−8,222→ 0 totalExercise: $7.40From: 2014-09-16Exp: 2016-09-16→ Common stock (8,222 underlying) - Disposition to Issuer
Option (right to buy)
2015-06-08−5,738→ 0 totalExercise: $11.01From: 2015-11-23Exp: 2022-11-23→ Common stock (5,738 underlying) - Disposition to Issuer
Common stock
2015-06-08$23.00/sh−15,799$363,377→ 0 total - Disposition to Issuer
Option (right to buy)
2015-06-08−13,837→ 0 totalExercise: $14.37From: 2013-09-17Exp: 2015-09-17→ Common stock (13,837 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 5, 2015, by and among R. R. Donnelley, Raven Solutions, Inc., Raven Ventures LLC, and Courier Corporation. The Merger Agreement provided that each Courier common share would be converted into the right to receive either $23.00 in cash without interest or 1.3756 shares of R. R. Donnelley common stock subject to proration so that a total of 8,000,000 shares of R.R. Donnelley common stock will be issued in the merger. The reporting person converted 40,655 Courier shares into 55,925 R.R. Donnelley shares and cash in lieu of any fractional shares of R. R. Donnelley common stock.
- [F2]Disposed of pursuant to the Merger Agreement which provided that each Courier common share would be converted into the right to receive either $23.00 in cash without interest or 1.3756 shares of R. R. Donnelley common stock. The reporting person converted 30,316 Courier shares into cash.
- [F3]These restricted stock awards were cancelled at the effective time of the merger (the "Merger") pursuant to the Merger Agreement, in exchange for an aggregate cash payment equal to the number of shares of Courier's common stock underlying such restricted stock awards multiplied by the per share purchase price of $23.00.
- [F4]Represents options to purchase Courier common stock that were subject to vesting over time but were cancelled in the Merger in exchange for a cash payment in the amount by which the per share purchase price of $23.00 exceeded the exercise price of the option as of the effective time of the Merger multiplied by the number of shares underlying such option.
Documents
Issuer
COURIER Corp
CIK 0000025212
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000025212
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 2:53 PM ET
- Size
- 22.0 KB