4//SEC Filing
XRS Corp 4
Accession 0001209191-14-066483
CIK 0000854398operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 9:53 PM ET
Size
20.8 KB
Accession
0001209191-14-066483
Insider Transaction Report
Form 4
XRS CorpXRSC
PAXTON MICHAEL J
Director
Transactions
- Other
Option to purchase common stock, $0.01 par value
2014-10-31$3.60/sh−5,000$18,000→ 0 totalExercise: $2.00Exp: 2019-02-04→ Common stock, $0.01 par value (5,000 underlying) - Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.60/sh−5,000$13,000→ 0 totalExercise: $3.00Exp: 2020-02-17→ Common stock, $0.01 par value (5,000 underlying) - Other
Option to purchase common stock, $0.01 par value
2014-10-31$3.78/sh−10,000$37,800→ 0 totalExercise: $1.82Exp: 2023-03-11→ Common stock, $0.01 par value (10,000 underlying) - Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.75/sh−10,000$27,500→ 0 totalExercise: $2.85Exp: 2021-02-02→ Common stock, $0.01 par value (10,000 underlying) - Other
Common Stock, $0.01 par value
2014-10-31$5.60/sh−34,999$195,994→ 0 total - Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.06/sh−5,000$10,300→ 0 totalExercise: $3.54Exp: 2018-03-03→ Common stock, $0.01 par value (5,000 underlying) - Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.95/sh−10,000$29,500→ 0 totalExercise: $2.65Exp: 2024-02-20→ Common stock, $0.01 par value (10,000 underlying) - Other
Option to purchase common stock, $0.01 par value
2014-10-31$4.27/sh−10,000$42,700→ 0 totalExercise: $1.33Exp: 2022-02-08→ Common stock, $0.01 par value (10,000 underlying)
Footnotes (2)
- [F1]Disposed of in connection with merger (the "Merger") pursuant to previously announced Agreement and Plan of Merger dated as of August 29, 2014, by and among the issuer, Amundsen Holdings, LLC and Amundsen Merger Sub Corp.
- [F2]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 option 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 option.
Documents
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, 9:53 PM ET
- Size
- 20.8 KB