4//SEC Filing
AIRGATE PCS INC /DE/ 4
Accession 0001209191-05-010320
CIK 0001086844operating
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 6:28 PM ET
Size
6.3 KB
Accession
0001209191-05-010320
Insider Transaction Report
Form 4
SCHOETTLER GAIL
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2005-02-15−1,000→ 0 total→ Common Stock (1,000 underlying)
Footnotes (3)
- [F1]Convertible into the issuer's common stock on a 1-for-1 basis.
- [F2]These Restricted Stock Units ("RSUs") were scheduled to vest on April 8, 2005, subject to certain conditions as detailed in the AirGate PCS, Inc. Director Compensation Plan. On February 7, 2005, the Company's board of directors approved the full acceleration of vesting of these RSUs, effective immediately prior to the closing of the merger on February 15, 2005 between the issuer and A-Co. Merger Sub, Inc., a wholly-owned subsidiary of Alamosa Holdings, Inc. The RSUs were cancelled in the merger in exchange for a cash payment of $36,620.00, representing the number of RSUs times the average closing price of Alamosa common stock for the ten trading days prior to the merger multiplied by 2.87 ($36.62 per share).
- [F3]None.
Documents
Issuer
AIRGATE PCS INC /DE/
CIK 0001086844
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001086844
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 6:28 PM ET
- Size
- 6.3 KB