ASSET ACCEPTANCE CAPITAL CORP 4
4 · ASSET ACCEPTANCE CAPITAL CORP · Filed Jun 17, 2013
Insider Transaction Report
Form 4
Needs Rion B
Chief Operating Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit covering AACC Common Stock
2013-06-13$6.50/sh−44,630$290,095→ 0 totalExercise: $6.50→ Common Stock (44,630 underlying) - Disposition to Issuer
Performance Stock Unit covering AACC Common Stock
2013-06-13$6.50/sh−38,025$247,163→ 0 totalExercise: $6.50→ Common Stock (38,025 underlying)
Footnotes (2)
- [F1]Pursuant to the Merger Agreement, immediately prior to the Effective Time, each restricted stock unit with respect to shares of AACC common stock that was outstanding immediately prior to the effective time of the Merger and each outstanding deferred stock unit was cancelled in exchange for the right to receive from AACC a cash amount equal to the product of (i) the Cash Consideration and (ii) the total number of shares of AACC common stock subject to such restricted or deferred stock unit.
- [F2]Restricted stock units and deferred stock units do not expire.