Paternostro Rick A 4
4 · SERVIDYNE, INC. · Filed Aug 31, 2011
Insider Transaction Report
Form 4
SERVIDYNE, INC.SERV
Paternostro Rick A
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2011-08-29$3.50/sh−1,562$5,467→ 0 total - Disposition to Issuer
Stock Appreciation Rights
2011-08-29$2.09/sh−20,000$41,800→ 0 totalExercise: $2.09Exp: 2020-03-22→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Converted pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of June 26, 2011, among SCIenergy, Inc. (f/k/a Scientific Conservation, Inc.), Scrabble Acquisition, Inc. and Servidyne, Inc. in exchange for the right to receive $3.50 in cash per share.
- [F2]Converted pursuant to the Merger Agreement into the right to receive an amount in cash per share subject to the stock appreciation right equal to the difference between the per share exercise price and $3.50. Original vesting provides for vesting on March 22, 2013, March 22, 2014 and March 22, 2015.