GIANNELLI RAYMOND 4
4 · CYBEX INTERNATIONAL INC · Filed Feb 11, 2013
Insider Transaction Report
Form 4
GIANNELLI RAYMOND
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2013-02-07$2.55/sh−5,698$14,530→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-02-07−10,000→ 0 totalExercise: $1.17Exp: 2020-01-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2013-02-07−10,000→ 0 totalExercise: $4.56Exp: 2017-12-31→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 12, 2012, among the Issuer, Cyb Merger Corp. and UM Holdings, Ltd. (the "Merger Agreement").
- [F2]Disposed of pursuant to the Merger Agreement in exchange for $2.55 for each share of the Issuer's common stock held by Reporting Person.
- [F3]Pursuant to the Merger Agreement, this option was cancelled as of February 7, 2013 in exchange for a cash payment equal to the product of (i) the total number of shares of the Issuer's common stock subject to the option multiplied by (ii) the excess, if any, of $2.55 over the per share exercise price of the option.