4//SEC Filing
Schafer Lori J 4
Accession 0001209191-11-057324
CIK 0001042809other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 1:41 PM ET
Size
10.4 KB
Accession
0001209191-11-057324
Insider Transaction Report
Form 4
Schafer Lori J
Director
Transactions
- Disposition from Tender
Common Stock, no par value
2011-11-17$1.60/sh−64,824$103,718→ 0 total - Disposition to Issuer
Director Stock Option (Right to Buy)
2011-11-18−10,000→ 0 totalExercise: $23.51Exp: 2015-09-06→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]On November 17, 2011, Sbar's Acquisition Corporation ("Sbar's"), an affiliate of Nicole Crafts LLC and Sbar's, Inc., accepted for purchase in a tender offer the reporting person's shares of common stock, no par value ("Shares"), of A.C. Moore Arts & Crafts, Inc. ("A.C. Moore") at a price per share of $1.60, net to the reporting person in cash, without interest thereon, subject to any required withholding of taxes. The transaction is more fully described in the Solicitation/Recommendation Statement on Schedule 14D-9 initially filed by A.C. Moore with the Securities and Exchange Commission on October 18, 2011, as subsequently amended. Sbar's purchased the Shares on November 18, 2011.
- [F2]This option vested in three equal annual installments beginning September 6, 2006.
- [F3]This option was cancelled in connection with the merger of Sbar's with and into A.C. Moore on November 18, 2011.
Documents
Issuer
A.C. Moore Arts & Crafts, Inc.
CIK 0001042809
Entity typeother
Related Parties
1- filerCIK 0001329854
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 1:41 PM ET
- Size
- 10.4 KB