HUGUELET DAVID 4
4 · Access Plans Inc · Filed Jun 4, 2012
Insider Transaction Report
Form 4
Access Plans IncAPNC
HUGUELET DAVID
PRESIDENT RETAIL PLANS
Transactions
- Disposition to Issuer
Common Stock Options
2012-05-31$2.26/sh−4,500$10,170→ 0 totalExercise: $1.10From: 2008-03-01Exp: 2017-03-01→ common stock (4,500 underlying) - Disposition to Issuer
Common Stock Options
2012-05-31$2.43/sh−100,000$243,000→ 0 totalExercise: $0.93From: 2010-08-02Exp: 2020-08-02→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2012-05-31$3.28/sh−60,920$199,818→ 0 total
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 vestig in three equal annual installments beginning on August 1, 2008,was canceled in the merger in exchange for a cash payment of $2.26 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 vesting in three annual installments beginning on August 2, 2010,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.