4//SEC Filing
Borja Eduardo 4
Accession 0001209191-11-058884
CIK 0000895663other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 10:37 AM ET
Size
7.1 KB
Accession
0001209191-11-058884
Insider Transaction Report
Form 4
Borja Eduardo
Sr VP-Global Mkting & Strategy
Transactions
- Disposition to Issuer
Performance units
2011-12-01$8.00/sh−62,000$496,000→ 0 totalExercise: $0.00→ Common stock (62,000 underlying) - Disposition to Issuer
Common stock
2011-12-01$8.00/sh−145,230$1,161,840→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the terms of the Agreement and Plan of Merger by and among the issuer, Technip S.A. and Apollon Merger Sub B, Inc. dated September 11, 2011 (the "Merger Agreement") in exchange for $8.00 per share (the "Merger Consideration") upon closing of the merger.
- [F2]Performance units were cancelled pursuant to the terms of the Merger Agreement in exchange for cash equal to the Merger Consideration multiplied by the number of common stock issuable pursuant to such performance units assuming achievement of the target level of performance applicable to such performance units.
Documents
Issuer
GLOBAL INDUSTRIES LTD
CIK 0000895663
Entity typeother
Related Parties
1- filerCIK 0001458038
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 10:37 AM ET
- Size
- 7.1 KB