Hall Brian H 4
4 · Archipelago Learning, Inc. · Filed May 17, 2012
Insider Transaction Report
Form 4
Hall Brian H
Director
Transactions
- Disposition to Issuer
Common Stock
2012-05-17$11.10/sh−2,508$27,839→ 0 total - Disposition to Issuer
Common Stock
2012-05-17$11.10/sh−12,823$142,335→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to that certain Agreement and Plan of Merger, dated as of March 3, 2012, by and among Archipelago Learning, Inc. ("Archipelago"), Plato Learning, Inc. and Project Cayman Merger Corp. on the effective date of the merger in exchange for a cash payment of $11.10 per share of common stock.
- [F2]Represents shares of Archipelago restricted common stock that are vested, or that, upon consummation of the merger, automatically vested in accordance with their terms, and were cancelled and converted into the right to receive $11.10 in cash per share of restricted common stock, without interest and less applicable withholding tax.