4//SEC Filing
Edelman Fredric M 4
Accession 0001181431-12-051638
CIK 0001071341other
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 5:27 PM ET
Size
11.8 KB
Accession
0001181431-12-051638
Insider Transaction Report
Form 4
Edelman Fredric M
DirectorPresident10% Owner
Transactions
- Other
Common Stock
2012-09-20$8.85/sh−3,149,287$27,871,190→ 0 total(indirect: Owned by The Edelman Financial Center, Inc.) - Other
Comon Stock
2012-09-20$8.85/sh−266,050$2,354,543→ 0 total - Disposition to Issuer
Restricted Stock Units
2012-09-20−69,842→ 0 totalExercise: $8.85→ Common stock (69,842 underlying) - Disposition to Issuer
Restricted Stock Units
2012-09-20+91,236→ 0 totalExercise: $8.85→ Common Stock (91,236 underlying)
Footnotes (7)
- [F1]Award of restricted stock unit, vests 25% on March 15, 2012.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F3]Restricted stock units, which provided for vesting of 25% on the date of grant, 50% on March 15, 2013, 75% on March 15, 2014, and 100% on March 15, 2015, were cancelled in the merger in exchange for a cash payment of $8.85 per share.
- [F4]The restricted stock units were issued pursuant to the Issuer's 2011 Executive and Key Manager Restricted Stock Unit Sub-Plan.
- [F5]Restricted stock units, which provided for vesting of 25% on the date of grant, 50% on March 15, 2012, 75% on March 15, 2013, and 100% on March 15, 2014, were cancelled in the merger in exchange for a cash payment of $8.85 per share.
- [F6]The restricted stock units were issued pursuant to the Issuer's 2010 Executive and Key Manager Restricted Stock Unit Sub-Plan.
- [F7]Disposed pursuant to merger agreement among the Issuer, Summer Holdings II, Inc., and Summer Merger Sub, Inc. in exchnage for $8.85 in cash per share.
Documents
Issuer
EDELMAN FINANCIAL GROUP INC.
CIK 0001071341
Entity typeother
Related Parties
1- filerCIK 0001486404
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 5:27 PM ET
- Size
- 11.8 KB