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XRS Corp 4

Accession 0001209191-14-066477

CIK 0000854398operating
View on SEC.govCompany Profile

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 9:46 PM ET

Size

40.5 KB

Accession

0001209191-14-066477

Insider Transaction Report

Form 4
Period: 2014-10-31
XRS CorpXRSC
TRIDENT CAPITAL MANAGEMENT V LLC
10% Owner
Transactions
  • Other

    Series G Preferred Stock

    2014-10-31$5.60/sh−4,339$24,298→ 0 total(indirect: See footnotes)
    Exercise: $3.00→ Common stock, $0.01 par value (4,339 underlying)
  • Other

    Series G Preferred Stock

    2014-10-31$5.60/sh−21,607$120,999→ 0 total(indirect: See footnotes)
    Exercise: $3.00→ Common stock, $0.01 par value (21,607 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$2.60/sh−223,959$582,293→ 0 total(indirect: See footnotes)
    Exercise: $3.00Exp: 2016-12-04→ Common stock, $0.01 par value (223,959 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$3.38/sh−90,794.2$306,884→ 0 total(indirect: See footnotes)
    Exercise: $2.22Exp: 2016-02-12→ Common stock, $0.01 par value (90,794.2 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$3.38/sh−503.6$1,702→ 0 total(indirect: See footnotes)
    Exercise: $2.22Exp: 2016-02-12→ Common stock, $0.01 par value (503.6 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$2.60/sh−1,242$3,229→ 0 total(indirect: See footnotes)
    Exercise: $3.00Exp: 2016-12-04→ Common stock, $0.01 par value (1,242 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$2.60/sh−6,482$16,853→ 0 total(indirect: See footnotes)
    Exercise: $3.00Exp: 2016-12-04→ Common stock, $0.01 par value (6,482 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$3.38/sh−6,898$23,315→ 0 total(indirect: See footnotes)
    Exercise: $2.22Exp: 2016-02-12→ Common stock, $0.01 par value (6,898 underlying)
  • Other

    Series G Preferred Stock

    2014-10-31$5.60/sh−4,140$23,184→ 0 total(indirect: See footnotes)
    Exercise: $3.00→ Common stock, $0.01 par value (4,140 underlying)
  • Other

    Series G Preferred Stock

    2014-10-31$5.60/sh−56,717$317,615→ 0 total(indirect: See footnotes)
    Exercise: $3.00→ Common stock, $0.01 par value (56,717 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$2.60/sh−1,302$3,385→ 0 total(indirect: See footnotes)
    Exercise: $3.00Exp: 2016-12-04→ Common stock, $0.01 par value (1,302 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$2.60/sh−17,015$44,239→ 0 total(indirect: See footnotes)
    Exercise: $3.00Exp: 2016-12-04→ Common stock, $0.01 par value (17,015 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$3.38/sh−527.7$1,784→ 0 total(indirect: See footnotes)
    Exercise: $2.22Exp: 2016-02-12→ Common stock, $0.01 par value (527.7 underlying)
  • Other

    Series G Preferred Stock

    2014-10-31$5.60/sh−746,530$4,180,568→ 0 total(indirect: See footnotes)
    Exercise: $3.00→ Common stock, $0.01 par value (746,530 underlying)
  • Other

    Warrant to purchase common stock, $0.01 par value

    2014-10-31$3.38/sh−2,627.9$8,882→ 0 total(indirect: See footnotes)
    Exercise: $2.22Exp: 2016-02-12→ Common stock, $0.01 par value (2,627.9 underlying)
Footnotes (7)
  • [F1]Pursuant to the Merger Agreement, each such share of Preferred Stock was converted into the right to receive an amount in cash, without interest, equal to the product of (x) the number of shares of issuer common stock into which such shares of Preferred Stock would have been converted had the reporting person converted such shares into issuer common stock immediately prior to the closing of the Merger multiplied by (y) the consideration payable to the holders of issuer common stock pursuant to the Merger ($5.60 per share). Each share of Preferred Stock was convertible into one share of common stock of the issuer as of the transaction date.
  • [F2]These securities are owned by Trident Capital Fund-V, L.P.
  • [F3]These securities are owned by Trident Capital Fund-V Affiliates Fund, L.P.
  • [F4]These securities are owned by Trident Capital Fund-V Affiliates Fund (Q), L.P.
  • [F5]These securities are owned by Trident Capital Fund-V Principals Fund, L.P.
  • [F6]These securities are owned by Trident Capital Parallel Fund-V, C.V.
  • [F7]Cancelled in connection with the Merger and converted into the right to receive an amount equal to (i) the total number of shares of issuer common stock subject to such warrant immediately prior to the effective time of the Merger (without regard to vesting) multiplied by (ii) the excess, if any, of (x) the consideration payable to holders of issuer common stock pursuant to the Merger ($5.60 per share) over (y) the exercise price payable per share of issuer common stock under such warrant.

Documents

1 file

Issuer

XRS Corp

CIK 0000854398

→
Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000854398

Filing Metadata

Form type
4
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:46 PM ET
Size
40.5 KB
View on SEC.gov