ASSET ACCEPTANCE CAPITAL CORP 4
4 · ASSET ACCEPTANCE CAPITAL CORP · Filed Jun 17, 2013
Insider Transaction Report
Form 4
BRADLEY LISA
Other
Transactions
- Sale
Common Stock, par value $0.01 per share
2013-06-13$6.50/sh−171,520$1,114,880→ 0 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01 per share
2013-06-13$6.50/sh−1,117,340$7,262,710→ 0 total - Sale
Common Stock, par value $0.01 per share
2013-06-13$6.50/sh−1,128,852$7,337,538→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of March 6, 2013 (the "Merger Agreement"), by and among Asset Acceptance Capital Corp. ("AACC"), Encore Capital Group, Inc. ("Encore"), and Pinnacle Sub, Inc. ("Merger Sub"), AACC merged with and into Merger Sub (the "Merger"). Upon the effective time of the Merger, each share of AACC common stock was cancelled and exchanged for (i) cash equal to $6.50 per share without interest and less any applicable withholding taxes (the "Cash Consideration"), (ii) subject to proration upon the terms outlined in the merger agreement, 0.2162 shares of Encore common stock per share of AACC common stock or (iii) a combination thereof (the "Merger Consideration").
- [F2]1,128,852 shares are held by trusts of which Mrs. Bradley is a co-trustee with her spouse.
- [F3]171,520 shares are held by an irrevocable trust of which Ms. Bradley is sole trustee, as to which Mr. Bradley disclaims beneficial ownership.