AHMED ZUBAIR 4
4 · EN POINTE TECHNOLOGIES INC · Filed Aug 26, 2009
Insider Transaction Report
Form 4
AHMED ZUBAIR
Director
Transactions
- Disposition to Issuer
Common Stock
2009-08-07$2.50/sh−642,396$1,605,990→ 0 total - Disposition to Issuer
Stock Option (right to Buy)
2009-08-07$0.56/sh−50,000$28,000→ 0 totalExercise: $1.94From: 2005-07-20Exp: 2012-10-01→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each issued and outstanding share of common stock, was, as a result of the consummation of the merger contemplated by the Agreement and Plan of Merger, dated as of March 11, 2009, by and among En Pointe Technologies Inc., Din Global Corp. and EPN Acquisition, Inc., a wholly-owned subsidiary of Din Global Corp. (the "Merger Agreement"), cancelled in exchange for the right to receive a per share amount equal to $2.50 in cash without interest.
- [F2]This option was, as a result of the consummation of the merger contemplated by the Merger Agreement, cancelled in exchange for the right to receive a cash payment equal to the product of the number of shares subject to such option multiplied by the excess, if any, of (a) $2.50 less (b) the exercise price per share of such option.