4//SEC Filing
MEADE INSTRUMENTS CORP 4
Accession 0001209191-13-044435
CIK 0001032067operating
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 8:20 PM ET
Size
11.5 KB
Accession
0001209191-13-044435
Insider Transaction Report
Form 4
MURDOCK STEVEN G
DirectorChief Executive Officer
Transactions
- Other
COMMON STOCK
2013-09-13$4.50/sh−67,500$303,750→ 0 total - Other
STOCK OPTIONS (Right to purchase)
2013-09-13$0.10/sh−25,000$2,500→ 0 totalExercise: $4.40Exp: 2019-03-12→ COMMON STOCK (25,000 underlying) - Other
COMMON STOCK
2013-09-13$4.50/sh−68,050$306,225→ 0 total(indirect: See Footnote) - Other
STOCK OPTIONS (Right to purchase)
2013-09-13$0.10/sh−37,500$3,750→ 0 totalExercise: $4.40Exp: 2019-03-12→ COMMON STOCK (37,500 underlying)
Footnotes (4)
- [F1]Effective Septemer 13, 2013, pursuant to that certain Agreement and Plan of Merger, dated as of July 16, 2013 (and amended on August 5, 2013), among the Meade Instruments Corp. (the "Issuer"), Sunny Optics, Inc. ("Sunny") and Sunny Optics Merger Sub, Inc. ("Meger Sub"), Meger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and as a wholly-owned subsidiary of Sunny (the "Meger"). As consideration for the Meger, the Shares of common stock held by the reporting person, including 50,000 restricted shares of common stock that vested in full upon consummation of the merger, were converted into the right to receive $4.50 per share in cash.
- [F2]Represents shares held by the Steven G. Murdock Trust u/a/d August 16, 2001 for the benefit of the reporting person. The reporting person is the trustee of the trust.
- [F3]In conection with the Merger, all options to purchase shares of the Issuer's common stock with exercise prices less than $4.50 held by the reporting person were converted into the right to receive a cash payment equal to the excess of $4.50 over the per share exercise price of such options for each share of the Issuer's common stock subject to such options.
- [F4]The options vested in four equal installments on each of May 5, 2009, August 8, 2009, November 8, 2009 and February 8, 2010.
Documents
Issuer
MEADE INSTRUMENTS CORP
CIK 0001032067
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001032067
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 8:20 PM ET
- Size
- 11.5 KB