4//SEC Filing
NETWORK ENGINES INC 4
Accession 0001181431-12-051190
CIK 0001110903operating
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 11:48 AM ET
Size
5.3 KB
Accession
0001181431-12-051190
Insider Transaction Report
Form 4
SUELTZ PATRICIA C
Director
Transactions
- Disposition to Issuer
Director Stock Option
2012-09-18$0.19/sh−50,000$9,500→ 0 totalExercise: $1.26Exp: 2021-09-14→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]This option, which provided for vesting in four equal annual installments, was cancelled 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. 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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001110903
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 11:48 AM ET
- Size
- 5.3 KB