4//SEC Filing
GLOBAL INDUSTRIES LTD 4
Accession 0001209191-11-058899
CIK 0000895663operating
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 10:53 AM ET
Size
7.1 KB
Accession
0001209191-11-058899
Insider Transaction Report
Form 4
SHEIL DAVID R
SVP-Human Resources
Transactions
- Disposition to Issuer
Common stock
2011-12-01$8.00/sh−53,664$429,312→ 0 total - Disposition to Issuer
Performance units
2011-12-01$8.00/sh−62,000$496,000→ 0 totalExercise: $0.00→ Common stock (62,000 underlying)
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 typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000895663
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 10:53 AM ET
- Size
- 7.1 KB