Vos Arthur IV 4
4 · COMVERGE, INC. · Filed May 17, 2012
Insider Transaction Report
Form 4
COMVERGE, INC.COMV
Vos Arthur IV
Chief Technology Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-05-15$0.93/sh−9,235$8,589→ 0 totalExercise: $0.82Exp: 2012-12-07→ Common Stock (9,235 underlying) - Disposition from Tender
Common Stock
2012-05-15$1.75/sh−92,243$161,425→ 0 total
Footnotes (1)
- [F1]This option, which provided for vesting over a period of four years at a rate of one-sixteenth per quarter beginning 12/08/2005, was canceled in Comverge's merger with Peak Merger Corp. in exchange for a cash payment of $8,588.55, representing the difference between the exercise price of the option and the offer price in the tender offer by Peak Merger Corp. and Peak Holding Corp. on the effective date of the merger ($1.75 per share).