Kidd Mark R 4
4 · Access Plans Inc · Filed Jun 4, 2012
Insider Transaction Report
Form 4
Access Plans IncAPNC
Kidd Mark R
Director
Transactions
- Disposition to Issuer
Common Stock Options
2012-05-31$2.36/sh−10,000$23,600→ 0 totalExercise: $1.00From: 2008-05-13Exp: 2018-05-13→ common stock (10,000 underlying) - Disposition to Issuer
Common Stock Options
2012-05-31$2.27/sh−5,000$11,350→ 0 totalExercise: $1.09From: 2010-02-09Exp: 2020-02-09→ common stock (5,000 underlying) - Disposition to Issuer
Common Stock
2012-05-31$3.28/sh−15,000$49,200→ 0 total
Footnotes (4)
- [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 $2.36 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.
- [F3]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.
- [F4]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.