4//SEC Filing
Whitfield Peter 4
Accession 0001209191-12-034993
CIK 0000850483other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 7:01 PM ET
Size
18.5 KB
Accession
0001209191-12-034993
Insider Transaction Report
Form 4
GTSI CORPGTSI
Whitfield Peter
SVP Finance and CFO
Transactions
- Disposition to Issuer
Stock Appreciation Right
2012-06-20−18,164→ 0 totalExercise: $9.60Exp: 2014-02-02→ Common Stock (18,164 underlying) - Disposition from Tender
Common Stock
2012-06-18$7.75/sh−11,153$86,436→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2012-06-20−15,000→ 0 totalExercise: $11.00Exp: 2014-03-22→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2012-06-20−15,569→ 0 totalExercise: $9.60Exp: 2015-10-29→ Common Stock (15,569 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-06-20$1.35/sh−30,000$40,500→ 0 totalExercise: $6.40Exp: 2016-08-05→ Common Stock (30,000 underlying) - Disposition from Tender
Common Stock
2012-06-20$7.75/sh−2,162$16,756→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2012-06-20$2.20/sh−25,000$55,000→ 0 totalExercise: $5.55Exp: 2015-10-29→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]These restricted stock awards vested in full and were cancelled immediately prior to the effective time of the merger pursuant to that Agreement and Plan of Merger, dated May 7, 2012, by and among the Company, UNICOM Systems, Inc., a California corporation ("UNICOM"), UNICOM SUB ONE, INC., a Delaware corporation and a wholly owned subsidiary of UNICOM, in exchange for an aggregated cash payment equal to the number of shares of the Company's common stock underlying such restricted stock awards multiplied by the per share purchase price of $7.75.
- [F2]Out-of-the-money options terminated at the effective time of the merger without cash payment.
- [F3]Out-of-the-money stock appreciation rights terminated at the effective time of the merger without cash payment.
- [F4]This option vested and was cancelled at the effective time of the merger, which was June 20, 2012, in exchange for a cash payment representing the number of shares of the Company's common stock underlying such option multiplied by the difference between the exercise price of the option and the per share purchase price of $7.75 pursuant to that Agreement and Plan of Merger, dated May 7, 2012, by and among the Company, UNICOM Systems, Inc., a California corporation ("UNICOM"), UNICOM SUB ONE, INC., a Delaware corporation and a wholly owned subsidiary of UNICOM.
Documents
Issuer
GTSI CORP
CIK 0000850483
Entity typeother
Related Parties
1- filerCIK 0001444840
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 7:01 PM ET
- Size
- 18.5 KB