4//SEC Filing
MATERIAL SCIENCES CORP 4
Accession 0001181431-14-013830
CIK 0000755003operating
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 6:56 PM ET
Size
9.7 KB
Accession
0001181431-14-013830
Insider Transaction Report
Form 4
Benander Terry L
Director
Transactions
- Disposition to Issuer
Common Stock
2014-03-20$12.75/sh−5,993$76,411→ 0 total - Disposition to Issuer
Common Stock
2014-03-20$12.75/sh−35,138$448,010→ 5,993 total - Exercise/Conversion
Phantom Stock
2014-03-20−35,138→ 0 totalFrom: 2014-03-20Exp: 2014-03-20→ Common Stock (35,138 underlying) - Exercise/Conversion
Common Stock
2014-03-20+35,138→ 41,131 total
Footnotes (2)
- [F1]Each share of phantom stock was the economic equivalent of one share of the Issuer's common stock. The reporting person settled all of his shares of common stock for cash in connection with the merger between the Issuer and Zink Acquisition Merger Sub Inc. at a price of $12.75 per share.
- [F2]Upon completion of the merger between the Issuer and Zink Acquisition Merger Sub Inc., these shares of common stock converted into the right to receive $12.75 per share in cash, without interest and less applicable withholding taxes.
Documents
Issuer
MATERIAL SCIENCES CORP
CIK 0000755003
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000755003
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 6:56 PM ET
- Size
- 9.7 KB