REWARDS NETWORK INC 4
4 · REWARDS NETWORK INC · Filed Dec 15, 2010
Insider Transaction Report
Form 4
Blake Ronald L
President and CEO
Transactions
- Disposition from Tender
Common Stock
2010-12-14$13.75/sh−1,666$22,908→ 0 total(indirect: By Spouse) - Disposition from Tender
Common Stock
2010-12-14$13.75/sh−136,367$1,875,046→ 42,258 total - Disposition from Tender
Common Stock
2010-12-14$13.75/sh−42,258$581,048→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-12-14−97,293→ 0 totalExercise: $19.27Exp: 2015-09-13→ Common Stock (97,293 underlying) - Award
Common Stock
2010-12-14+7,805→ 178,625 total - Disposition from Tender
Common Stock
2010-12-14$13.75/sh−11,666$160,408→ 0 total(indirect: By Trust)
Footnotes (4)
- [F1]Represents restricted stock units, with respect to which certain performance-based conditions were satisfied on December 14, 2010. Such restricted stock units may be settled for stock only.
- [F2]Represents restricted stock units that vested upon the change in control that occurred on December 14, 2010 and were converted into the right to receive $13.75 per share pursuant to the Agreement and Plan of Merger, dated October 28, 2010 by and among Rewards Network Inc., EGI Acquisition Parent, L.L.C. and EGI Acquisition, L.L.C.
- [F3]By Merlee M. Blake Declaration of Trust, dated 3/9/93 - These shares are held in trust for the benefit of the reporting person's wife. The reporting person's wife is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purposes.
- [F4]This option was cancelled in the merger and automatically ceased to exist without cash payment because the exercise price was greater than $13.75 per share, pursuant to the Agreement and Plan of Merger, dated October 28, 2010 by and among Rewards Network Inc., EGI Acquisition Parent, L.L.C. and EGI Acquisition, L.L.C.