Geisel Brian R 4
4 · GOLDLEAF FINANCIAL SOLUTIONS INC. · Filed Oct 5, 2009
Insider Transaction Report
Form 4
Geisel Brian R
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-10-01−992,532→ 0 total - Disposition to Issuer
Convertible Promissory Note
2009-10-01→ 0 totalExercise: $4.50From: 2008-01-17Exp: 2010-01-17→ Common Stock (882,652.51 underlying) - Disposition to Issuer
Stock Options (right to buy)
2009-10-01−90,000→ 0 totalExercise: $2.60Exp: 2018-02-22→ Common Stock (90,000 underlying)
Footnotes (4)
- [F1]These shares were cancelled and converted into the right to receive $0.98 in cash per share, without interest, pursuant to a merger agreement between issuer and Jack Henry & Associates, Inc.
- [F2]All stock options ceased to vest and/or be exercisable upon the closing of the merger.
- [F3]Pursuant to the merger agreement, all stock options were converted into the right to receive a cash payment of $0.98 less the exercise price per share. If the exercise price of the option was equal to or in excess of $0.98, the option was canceled without consideration.
- [F4]Received as partial consideration for the Reporting Owner's interest in Alogent Corporation when Alogent Corporation merged with and into a subsidiary of the Issuer.