Richardson C Thomas 4
4 · NYFIX INC · Filed Dec 2, 2009
Insider Transaction Report
Form 4
NYFIX INCNYFX
Richardson C Thomas
CEO of Transaction Services
Transactions
- Award
Stock Option (right to buy)
2009-11-30+300,000→ 300,000 totalExercise: $3.85Exp: 2018-02-06→ Common Stock (300,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-11-30−300,000→ 0 totalExercise: $3.85Exp: 2018-02-06→ Common Stock (300,000 underlying) - Disposition to Issuer
Common Stock
2009-11-30$1.68/sh−40,000$67,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2009-11-30−300,000→ 0 totalExercise: $3.85Exp: 2018-02-06→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of August 26, 2009, by and among the Issuer, NYSE Technologies, Inc. ("NYSE") and CBR Acquisition Corp., a wholly owned subsidiary of NYSE (the "Merger Agreement"), on November 30, 2009, upon the effectiveness of the merger of CBR Acquisition Corp. with and into the Issuer (the "Merger"), each outstanding share of the Issuer's common stock was converted into the right to receive $1.675 in cash, without interest.
- [F2]Pursuant to the Merger Agreement, each option to purchase the Issuer's common stock that remained outstanding at the effective time of the Merger was fully vested and cancelled in exchange for a cash payment in an amount equal to the number of shares of the Issuer's common stock subject to the option multiplied by the amount (if any) by which $1.675 exceeded the applicable exercise price of the option. The cash payment is equal to $0 since the option exercise price was more than $1.675 at the effective time of the Merger.