4//SEC Filing
REWARDS NETWORK INC 4
Accession 0001209191-10-060747
CIK 0000078536operating
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 6:10 PM ET
Size
18.3 KB
Accession
0001209191-10-060747
Insider Transaction Report
Form 4
GROSS RAYMOND A
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-12-14−3,892→ 0 totalExercise: $25.13Exp: 2013-05-29→ Common Stock (3,892 underlying) - Disposition to Issuer
Deferred Stock
2010-12-14−22,968→ 0 total→ Common Stock (22,968 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-12-14$4.50/sh−1,946$8,757→ 0 totalExercise: $9.25Exp: 2011-06-22→ Common Stock (1,946 underlying) - Disposition to Issuer
Deferred Stock
2010-12-14−26,851→ 0 total→ Common Stock (26,851 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-12-14−3,892→ 0 totalExercise: $18.71Exp: 2012-03-08→ Common Stock (3,892 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-12-14−3,892→ 0 totalExercise: $25.95Exp: 2014-05-26→ Common Stock (3,892 underlying)
Footnotes (5)
- [F1]Represents deferred stock awarded as compensation for serving on the Board of Directors.
- [F2]Each share of Deferred Stock became payable, was cancelled in the merger and exchanged for a cash payment of $13.75 per unit, 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]Represents deferred stock awarded upon the vesting of restricted stock unit awards issued for serving on the Board of Directors.
- [F4]This option was cancelled in the merger and automatically ceased to exist in exchange for a cash payment of $8,757.00, representing the product of (i) the excess of (x) $13.75 over (y) the per share exercise price of such option and (ii) the number of shares subject to such option as of the Effective Time, 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.
- [F5]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.
Documents
Issuer
REWARDS NETWORK INC
CIK 0000078536
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000078536
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 6:10 PM ET
- Size
- 18.3 KB