Coleman Cable, Inc. 4
4 · Coleman Cable, Inc. · Filed Feb 13, 2014
Insider Transaction Report
Form 4
Springer Denis E
Director
Transactions
- Disposition to Issuer
Common Stock
2014-02-11$26.25/sh−64,188$1,684,935→ 0 total - Disposition to Issuer
Options to Purchase Common Stock
2014-02-11$2.63/sh−2,500$6,575→ 0 totalExercise: $23.62Exp: 2014-02-11→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]On December 20, 2013, Coleman Cable, Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Southwire Company, a Delaware corporation ("Parent"), and Cubs Acquisition Corporation, a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub"). On February 11, 2014, pursuant to the Merger Agreement, Merger Sub merged with and into the Company, and the Company continued as the surviving corporation and as a wholly-owned subsidiary of Parent (the "Merger").
- [F2]Pursuant to the transactions contemplated by the Merger Agreement, all shares of Company common stock were exchanged for consideration of $26.25 per share.
- [F3]Pursuant to the Merger Agreement, all outstanding options to purchase Company common stock vested in full and, at the effective time of the Merger, were cancelled and exchanged for a cash amount equal to the number of shares underlying this option multiplied by the difference between the per share merger consideration of $26.25 and the per share exercise price of this option.