GERDES LARRY G 4
4 · Access Plans Inc · Filed Jun 4, 2012
Insider Transaction Report
Form 4
Access Plans IncAPNC
GERDES LARRY G
Director
Transactions
- Disposition to Issuer
Common Stock Options
2012-05-31$2.62/sh−20,000$52,400→ 0 totalExercise: $0.74From: 2004-09-08Exp: 2014-09-08→ common stock (20,000 underlying) - Disposition to Issuer
Common Stock Options
2012-05-31$2.36/sh−5,000$11,800→ 0 totalExercise: $1.00From: 2008-05-13Exp: 2008-05-13→ common stock (5,000 underlying) - Disposition to Issuer
Common Stock
2012-05-31$3.28/sh−176,165$577,821→ 0 total(indirect: General Partner) - Disposition to Issuer
Common Stock
2012-05-31$3.28/sh−75,000$246,000→ 0 total - Disposition to Issuer
Common Stock Options
2012-05-31$2.68/sh−60,000$160,800→ 0 totalExercise: $0.68From: 2004-09-08Exp: 2014-09-08→ common stock (60,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between issuer, Affinity Insurance Services, Inc., Atlas Acquisition Corp. and Mark R. Kidd for $3.28 per share merger consideration.
- [F2]Mr. Gerdes is a general partner of Gerdes Family Partnership and Gerdes Huff Investments.
- [F3]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.68 per share underlying the option, representing the difference between the exercise price of the option and the merger consideration of $3.28 per share, plus a $0.08 per share special dividend.
- [F4]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.62 per share underlying the option, representing the difference between the exercise price of the option and the merger consideration of $3.28 per share, plus a $0.08 per share special dividend.
- [F5]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.36 per share underlying the option, representing the difference between the exercise price of the option and the merger consideration of $3.28 per share, plus a $0.08 per share special dividend.
- [F6]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.27 per share underlying the option, representing the difference between the exercise price of the option and the merger consideration of $3.28 per share, plus a $0.08 per share special dividend.
- [F7]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.43 per share underlying the option, representing the difference between the exercise price of the option and the merger consideration of $3.28 per share, plus a $0.08 per share special dividend.