LeMaile-Stovall Troy 4
4 · Archipelago Learning, Inc. · Filed May 17, 2012
Insider Transaction Report
Form 4
LeMaile-Stovall Troy
Director
Transactions
- Disposition to Issuer
Common Stock
2012-05-17$11.10/sh−3,922$43,534→ 0 total
Footnotes (1)
- [F1]Represents shares of Archipelago Learning, Inc. ("Archipelago") restricted common stock that are vested, or that, upon consummation of the merger pursuant to that certain Agreement and Plan of Merger, dated as of March 3, 2012, by and among Archipelago, Plato Learning, Inc. and Project Cayman Merger Corp., 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.