Home/Filings/4/0001181431-11-047576
4//SEC Filing

SERVIDYNE, INC. 4

Accession 0001181431-11-047576

CIK 0000001923operating

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 5:11 PM ET

Size

6.1 KB

Accession

0001181431-11-047576

Insider Transaction Report

Form 4
Period: 2011-08-29
Transactions
  • Other

    Common Stock

    2011-08-29$3.50/sh+3,674,358$12,860,2530 total
Footnotes (3)
  • [F1]On June 26, 2011, SCIenergy, Inc., a Delaware corporation (formerly known as Scientific Conservation, Inc.) ("SCI"), Scrabble Acquisition, Inc., a Georgia corporation and a wholly-owned subsidiary of SCI ("Merger Sub"), and Servidyne, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which, effective August 29, 2011 Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and as a wholly-owned subsidiary of SCI (the "Merger").
  • [F2]Upon the effective time of the Merger, each share of the Issuer's common stock issued and outstanding immediately prior to the effective time of the Merger (other than shares held by the Issuer, SCI, Merger Sub or any of their wholly-owned subsidiaries or by shareholders of the Company who have validly exercised their dissenters' rights under Georgia law) was cancelled and converted into the right to receive $3.50 in cash.
  • [F3]Based on 3,674,358 shares outstanding as of July 20, 2011, as reported by the Issuer on its form 8-K filed on August 31, 2011.

Issuer

SERVIDYNE, INC.

CIK 0000001923

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0000001923

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 5:11 PM ET
Size
6.1 KB