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4//SEC Filing

US HOME SYSTEMS INC 4

Accession 0001181431-12-055753

CIK 0000844789operating

Filed

Oct 28, 8:00 PM ET

Accepted

Oct 29, 3:11 PM ET

Size

9.1 KB

Accession

0001181431-12-055753

Insider Transaction Report

Form 4
Period: 2012-10-26
JOBE LARRY A
Director
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2012-10-26$7.37/sh2,000$14,7400 total
    Exercise: $5.13Exp: 2021-06-07Common Stock (2,000 underlying)
  • Disposition to Issuer

    Common Stock

    2012-10-26$12.50/sh70,684$883,5500 total
Footnotes (2)
  • [F1]Disposed of pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement") dated as of August 6, 2012 by and among U.S. Home Systems, Inc. (the "Company"), THD At-Home Services, Inc., and Umpire Acquisition Corp. in exchange for a payment of $12.50 per share in cash, without interest and less the amount of any required tax withholding.
  • [F2]This option was canceled pursuant to the Merger Agreement in exchange for a payment in cash, without interest and less the amount of any required tax withholding, equal to the product of: (i) the excess of $12.50 (the per share merger consideration pursuant to the Merger Agreement) over the exercise price of the option; and (ii) the number of shares of Company common stock underlying the option.

Issuer

US HOME SYSTEMS INC

CIK 0000844789

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000844789

Filing Metadata

Form type
4
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 3:11 PM ET
Size
9.1 KB