4//SEC Filing
K SWISS INC 4
Accession 0001181431-13-023962
CIK 0000862480operating
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 2:57 PM ET
Size
18.3 KB
Accession
0001181431-13-023962
Insider Transaction Report
Form 4
K SWISS INCKSWS
SULLIVAN BRIAN
VP National Accounts
Transactions
- Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30$1.88/sh−5,000$9,400→ 0 totalExercise: $2.87Exp: 2021-11-15→ Class A Common Stock, Par Value$.01 (5,000 underlying) - Disposition to Issuer
Class A Common Stock
2013-04-30$4.75/sh−21,400$101,650→ 0 total - Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30−6,000→ 0 totalExercise: $12.19Exp: 2018-03-04→ Class A Common Stock, Par Value$.01 (6,000 underlying) - Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30−6,000→ 0 totalExercise: $12.19Exp: 2013-08-12→ Class A Common Stock, Par Value$.01 (6,000 underlying) - Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30−10,000→ 0 totalExercise: $6.52Exp: 2019-03-09→ Class A Common Stock, Par Value$.01 (10,000 underlying) - Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30−3,000→ 0 totalExercise: $9.90Exp: 2020-03-02→ Class A Common Stock, Par Value$.01 (3,000 underlying) - Disposition to Issuer
Option to Buy Class A Common Stock
2013-04-30−2,500→ 0 totalExercise: $5.12Exp: 2021-09-14→ Class A Common Stock, Par Value$.01 (2,500 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as January 16, 2013, by and among E-Land World Limited, Ian Acquisition Sub, Inc. and K-Swiss Inc., at the effective time of the merger of Ian Acquisition Sub, Inc. with and into K-Swiss Inc. (the "Merger"), each share of K-Swiss Inc. common stock converted into the right to receive $4.75 in cash.
- [F2]This option, which provided for vesting in equal increments over a three-year period, was cancelled in the Merger in exchange for a cash payment equal to the product of (i) the excess of $4.75 over the exercise price per share of the option and (ii) the total number of shares underlying the option.
- [F3]This option, which provided for vesting in equal increments over a three-year period, was cancelled in the Merger without any cash payment in respect thereof as the exercise price per share exceeded the $4.75 per share merger consideration.
- [F4]This option, which was fully vested, was cancelled in the Merger without any cash payment made in respect thereof as the exercise price per share exceeded the $4.75 per share merger consideration.
Documents
Issuer
K SWISS INC
CIK 0000862480
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000862480
Filing Metadata
- Form type
- 4
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 2:57 PM ET
- Size
- 18.3 KB