BEARINGPOINT INC 4
4 · BEARINGPOINT INC · Filed Dec 31, 2009
Insider Transaction Report
Form 4
BEARINGPOINT INCBGPTQ
BRACE FREDERIC F
Director
Transactions
- Other
Stock Option (right to buy)
2009-12-30−300→ 0 totalExercise: $0.00From: 2010-01-01Exp: 2009-12-30→ Common Stock (300 underlying)
Footnotes (1)
- [F1]BearingPoint, Inc.'s Modified Second Amended Joint Plan Under Chapter 11 of the Bankruptcy Code, dated December 17, 2009 (the "Plan"), as confirmed by the Bankrutpcy Court for the Southern District of New York on December 22, 2009, became effective on December 30, 2009 (the "Effective Date"). The Plan provides that all equity interests of BearingPoint, Inc. (including all outstanding shares of Common Stock, options, warrants or contractual or other rights to acquire any equity interests) are cancelled and extinguished effective as of the Effective Date and that the holders of such equity interests are not entitled to, and shall not receive or retain, any property or interest in property in respect of such equity interests. As such, on December 30, 2009, the equity interests reflected on this Form 4 were cancelled and extinguished for no consideration.