4//SEC Filing
Ungerer Scott B 4
Accession 0001181431-12-030850
CIK 0001372664other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 9:05 PM ET
Size
7.7 KB
Accession
0001181431-12-030850
Insider Transaction Report
Form 4
COMVERGE, INC.COMV
Ungerer Scott B
Director
Transactions
- Disposition from Tender
Common Stock
2012-05-15$1.75/sh−43,514$76,150→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2012-05-15$1.01/sh−3,750$3,788→ 0 totalExercise: $0.74Exp: 2013-02-27→ Common Stock (3,750 underlying)
Footnotes (2)
- [F1]Mr. Ungerer, a former director of the Issuer, is a member of the executive board of EnerTech Capital Holding Company Manager LLC, which is the general partner of EnerTech Capital Holding Company, L.P. ("ECHC"). Under ECHC's partnership agreement, Mr. Ungerer is deemed to hold the reported common stock for the benefit of ECHC, which is entitled to hold the shares upon issuance. ECHC may be deemed the indirect beneficial owner of the shares, and Mr. Ungerer may be deemed the indirect beneficial owner of the subject common stock through his indirect interest in ECHC. Mr. Ungerer disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
- [F2]This option, which provided for vesting over a period of four years at a rate of one-sixteenth per quarter beginning 6/21/2005, was canceled in Comverge's merger with Peak Merger Corp. in exchange for a cash payment of $3,787.50, 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).
Documents
Issuer
COMVERGE, INC.
CIK 0001372664
Entity typeother
Related Parties
1- filerCIK 0001292167
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 9:05 PM ET
- Size
- 7.7 KB