4//SEC Filing
WADSWORTH ROBERT M 4
Accession 0001181431-12-051189
CIK 0001110903other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 11:48 AM ET
Size
10.8 KB
Accession
0001181431-12-051189
Insider Transaction Report
Form 4
WADSWORTH ROBERT M
Director
Transactions
- Disposition to Issuer
Common Stock
2012-09-18$1.45/sh−30,000$43,500→ 0 total - Disposition to Issuer
Director Stock Option (right to buy)
2012-09-18$1.07/sh−15,000$16,050→ 0 totalExercise: $0.38Exp: 2019-03-11→ Common Stock (15,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2012-09-18$0.07/sh−15,000$1,050→ 0 totalExercise: $1.38Exp: 2018-03-13→ Common Stock (15,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2012-09-18$0.07/sh−15,000$1,050→ 0 totalExercise: $1.38Exp: 2013-03-12→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Each share of common stock was disposed of in exchange for a cash payment of $1.45 per share upon consummation of the merger ("Merger") contemplated by that certain Agreement and Plan of Merger dated as of June 18, 2012 by and among Network Engines, Inc., Unicom Systems, Inc. and Unicom Sub Two, Inc.
- [F2]This option, which was fully vested, was cancelled in the Merger in exchange for a cash payment equal to the product of (i) $1.45 less the exercise price per share of the option multiplied by (ii) the total number of shares underlying the option.
Documents
Issuer
NETWORK ENGINES INC
CIK 0001110903
Entity typeother
Related Parties
1- filerCIK 0001187366
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 11:48 AM ET
- Size
- 10.8 KB