GORMAN LON 4
4 · NYFIX INC · Filed Dec 2, 2009
Insider Transaction Report
Form 4
NYFIX INCNYFX
GORMAN LON
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-11-30−350,000→ 0 totalExercise: $4.30Exp: 2017-10-02→ Common Stock (350,000 underlying)
Footnotes (1)
- [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"), each option to purchase the Issuer's common stock that remained outstanding at the effective time of the merger of CBR Acquisition Corp. with and into the Issuer (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.