4//SEC Filing
CBEYOND, INC. 4
Accession 0001209191-14-048398
CIK 0001205727operating
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 6:09 PM ET
Size
15.2 KB
Accession
0001209191-14-048398
Insider Transaction Report
Form 4
CBEYOND, INC.CBEY
Fugate J Robert
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2014-07-18$10.00/sh−21,661$216,610→ 191,595 total - Disposition to Issuer
Employee Stock Option (right to buy)
2014-07-18−14,000→ 0 totalExercise: $7.67Exp: 2022-03-09→ Common Stock (14,000 underlying) - Disposition to Issuer
Common Stock
2014-07-18$10.00/sh−5,032$50,320→ 0 total(indirect: By 401(k)) - Award
Common Stock
2014-07-18+25,000→ 213,256 total - Disposition to Issuer
Common Stock
2014-07-18$10.00/sh−191,595$1,915,950→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2014-07-18−7,200→ 0 totalExercise: $7.97Exp: 2022-03-22→ Common Stock (7,200 underlying)
Footnotes (2)
- [F1]Represents restricted stock awarded as a result of the Company meeting certain performance criteria as of the effective time of the merger pursuant to a grant on February 13, 2014. Pursuant to the agreement and plan of merger dated April 19, 2014 by and among Cbeyond, Inc., Birch Communications, Inc., and Hawks Merger Sub, Inc., each share of restricted stock outstanding and unvested immediately prior to the effective time of the Merger became fully vested immediately prior to the effective time of the merger and, to the extent subject to performance-based vesting, the applicable performance goals were measured as of the effective time of the merger.
- [F2]Pursuant to the agreement and plan of merger dated April 19, 2014 by and among Cbeyond, Inc., Birch Communications, Inc., and Hawks Merger Sub, Inc., all outstanding and unexercised stock options (as of immediately prior to the effective time of the merger) became fully vested immediately prior to the effective time of the merger and were cancelled in exchange for the right to receive in cash an amount equal to the product of (i) the total number of shares of Cbeyond common stock subject to the stock option multiplied by (ii) the excess, if any, of the per share merger consideration over the exercise price of the option.
Documents
Issuer
CBEYOND, INC.
CIK 0001205727
Entity typeoperating
Related Parties
1- filerCIK 0001205727
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 6:09 PM ET
- Size
- 15.2 KB