4//SEC Filing
Coppens Bradley J 4
Accession 0001181431-11-021108
CIK 0000790818other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 10:50 AM ET
Size
8.5 KB
Accession
0001181431-11-021108
Insider Transaction Report
Form 4
X RITE INCXRIT
Coppens Bradley J
Director
Transactions
- Other
Series A Preferred Shares
2011-03-30$1085.94/sh−28,617.196$31,076,486→ 0 total(indirect: See footnote)
Holdings
- 33,232,702(indirect: See footnote)
Common Stock
- 9,006
Common Stock
Footnotes (5)
- [F1]On March 30, 2011, X-Rite, Incorporated (the "Issuer") exercised its right to redeem all shares of Series A Preferred Stock of the Issuer, par value $0.10 per share (the "Preferred Stock") previously issued to OEPX, LLC ("OEPX") in accordance with the terms of the Certificate of Designation, Preferences and Rights of Series A Preferred Stock filed by the Issuer with the Michigan Department of Energy, Labor and Economic Growth on August 18, 2009. The redemption price reflected in Table I includes accrued and unpaid dividends as of March 30, 2011.
- [F2]These shares of Preferred Stock consist of (1) 25,316.48 shares of Preferred Stock acquired pursuant to the Exchange Agreement, dated August 18, 2009, by and among the Issuer, OEPX, Sagard Capital Partners, L.P., and Tinicum Capital Partners II, L.P., Tinicum Capital Partners II Parallel Fund, L.P. and Tinicum Capital Partners II Executive Fund L.L.C. (the "Exchange Agreement") and (ii) 3,300.7161 shares of Preferred Stock that were previously issued as quarterly in-kind dividends on the Preferred Stock issued to OEPX pursuant to the Exchange Agreement.
- [F3]The Reporting Person is an officer of OEP Parent LLC, a Delaware limited liability company ("OEP Parent"), which is the general partner of OEP General Partner III, L.P., a Cayman Islands limited partnership, which is the general partner of One Equity Partners III, L.P., a Cayman Islands limited partnership ("OEP"), which is the managing member of OEPX.
- [F4]These securities consist of: (i) 33,223,696 shares held by OEPX and (ii) 9,006 shares of restricted stock granted to Colin Michael Farmer. Mr. Farmer is an officer of OEP Parent. The shares of restricted stock in clause (ii) were granted to Mr. Farmer pursuant to the X-Rite, Incorporated 2008 Long Term Incentive Plan in consideration of their service on the Board of Directors of the Issuer, and Mr. Farmer holds these shares for the benefit of OEP.
- [F5]Consists of restricted stock granted pursuant to the X-Rite, Incorporated 2008 Long Term Incentive Plan in consideration of the Reporting Person's service on the Board of Directors of the Issuer. The Reporting Person holds these shares for the benefit of OEP. The Reporting Person disclaims beneficial ownership of all securities described herein except to the extent of his pecuniary interest therein.
Documents
Issuer
X RITE INC
CIK 0000790818
Entity typeother
Related Parties
1- filerCIK 0001487729
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 10:50 AM ET
- Size
- 8.5 KB