HILL J FRENCH 4
4 · Access Plans Inc · Filed Jun 4, 2012
Insider Transaction Report
Form 4
Access Plans IncAPNC
HILL J FRENCH
Director
Transactions
- Disposition to Issuer
Common Stock
2012-05-31$3.28/sh−25,000$82,000→ 0 total - Disposition to Issuer
Common Stock Options
2012-05-31$2.43/sh−5,000$12,150→ 0 totalExercise: $0.93From: 2010-08-02Exp: 2020-08-02→ common stock (5,000 underlying) - Disposition to Issuer
Common Stock Options
2012-05-31$2.51/sh−10,000$25,100→ 0 totalExercise: $0.85From: 2009-04-01Exp: 2019-04-01→ common stock (10,000 underlying)
Footnotes (3)
- [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]This option, which provided for immediate vesting, was canceled in the merger in exchange for a cash payment of $2.51 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.
- [F3]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.