4//SEC Filing
Borcherding Robert Brooks 4
Accession 0001181431-11-025257
CIK 0001084750other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 6:00 PM ET
Size
6.9 KB
Accession
0001181431-11-025257
Insider Transaction Report
Form 4
NAVISITE INCNAVI
Borcherding Robert Brooks
SVP of Sales and CRO
Transactions
- Disposition to Issuer
Common Stock
2011-04-21−179,167→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2011-04-21−75,000→ 0 totalExercise: $2.48Exp: 2020-06-15→ Common Stock (75,000 underlying)
Footnotes (2)
- [F1]In connection with the closing of the merger, pursuant to the Merger Agreement among Time Warner Cable Inc., Avatar Merger Sub Inc. and the Issuer dated February 1, 2011, each share of Issuer common stock was exchanged for $5.50 in cash.
- [F2]Pursuant to the Merger Agreement, the option was cancelled in exchange for a cash payment of $5.50 per share minus the exercise price of the option per share.
Documents
Issuer
NAVISITE INC
CIK 0001084750
Entity typeother
Related Parties
1- filerCIK 0001461770
Filing Metadata
- Form type
- 4
- Filed
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 6:00 PM ET
- Size
- 6.9 KB