4//SEC Filing
MISCOR GROUP, LTD. 4
Accession 0001181431-13-049909
CIK 0001295503operating
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 5:04 PM ET
Size
5.3 KB
Accession
0001181431-13-049909
Insider Transaction Report
Form 4
MARTELL JOHN A
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock, no par value
2013-09-17−2,738,800→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of March 13, 2013, by and among Integrated Electrical Services, Inc. ("IES"), MISCOR Group, Ltd. ("MISCOR") and IES Subsidiary Holdings, Inc., as amended, pursuant to which, at the effective time of the merger, each outstanding share of MISCOR common stock was converted into the right to receive, at the election of the holder, 0.3118 shares of IES common stock or $1.48 in cash consideration. As of the date of allocation by the exchange agent, the closing price of IES common stock was $4.23 which equates to approximately $1.32 for each MISCOR share of common stock for which stock consideration was elected. The Reporting Person received, pursuant to his election, $1.48 per share for 1,300,000 of his shares in cash consideration and approximately $1.32 per share (in IES common stock) for 1,438,800 of his shares of MISCOR common stock upon allocation by the exchange agent on September 17, 2013.
Documents
Issuer
MISCOR GROUP, LTD.
CIK 0001295503
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0001295503
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 5:04 PM ET
- Size
- 5.3 KB