4//SEC Filing
Pike Corp 4
Accession 0001181431-14-039597
CIK 0001317577operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 9:02 PM ET
Size
24.7 KB
Accession
0001181431-14-039597
Insider Transaction Report
Form 4
Pike CorpPIKE
Simmons Audie G
Executive VP of Operations
Transactions
- Disposition to Issuer
Option to Buy
2014-12-22−47,548→ 0 totalExercise: $9.22Exp: 2022-03-01→ Common Stock (47,548 underlying) - Disposition to Issuer
Option to buy
2014-12-22−10,000→ 0 totalExercise: $18.41Exp: 2016-11-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Option to buy
2014-12-22−33,658→ 0 totalExercise: $14.25Exp: 2018-10-01→ Common Stock (33,658 underlying) - Disposition to Issuer
Option to buy
2014-12-22−42,614→ 0 totalExercise: $9.61Exp: 2021-03-01→ Common Stock (42,614 underlying) - Disposition to Issuer
Restricted Stock Units
2014-12-22−25,562→ 0 totalExercise: $0.00→ Common Stock (25,562 underlying) - Disposition to Issuer
Common Stock
2014-12-22$12.00/sh−219,877$2,638,524→ 0 total - Disposition to Issuer
Option to buy
2014-12-22−38,690→ 0 totalExercise: $14.00Exp: 2015-07-27→ Common Stock (38,690 underlying) - Disposition to Issuer
Option to buy
2014-12-22−30,000→ 0 totalExercise: $15.70Exp: 2016-12-01→ Common Stock (30,000 underlying) - Disposition to Issuer
Option to buy
2014-12-22−38,973→ 0 totalExercise: $11.33Exp: 2019-09-01→ Common Stock (38,973 underlying) - Disposition to Issuer
Restricted Stock Units
2014-12-22−7,619→ 0 totalExercise: $0.00→ Common Stock (7,619 underlying)
Footnotes (7)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of August 4, 2014, among the Issuer, Pioneer Parent, Inc. and Pioneer Merger Sub, Inc. (the "Merger Agreement"), these shares were cancelled and converted into the right to receive $12.00 in cash per share, without interest and less any applicable withholding taxes.
- [F2]Pursuant to the Merger Agreement, each of these options became fully vested and was cancelled and converted into the right to receive cash consideration, without interest and less any applicable withholding taxes, equal to the product of (i) the number of shares of the Issuer's common stock subject to the option and (ii) the excess, if any, of $12.00 over the per share exercise price of the option.
- [F3]All of these options were vested and exercisable as of December 22, 2014.
- [F4]Pursuant to the Merger Agreement, these restricted stock units became fully vested and were cancelled and converted into the right to receive $12.00 in cash per share of the Issuer's common stock subject to such restricted stock units, without interest and less any applicable withholding taxes.
- [F5]These restricted stock units would have vested on February 1, 2015 and, pursuant to the terms of the grant, would have been settled in cash.
- [F6]31,698 of these options were vested and exercisable as of December 22, 2014 and 15,850 of these options would have vested on March 1, 2015.
- [F7]These restricted stock units would have vested in equal amounts on January 30 of each of 2015 and 2016 and, pursuant to the terms of the grant, would have been settled in cash.
Documents
Issuer
Pike Corp
CIK 0001317577
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0001317577
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 9:02 PM ET
- Size
- 24.7 KB