XRS Corp 4

Accession 0001209191-14-066485

CIK 0000854398operating

View on SEC.gov Company Profile

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 9:54 PM ET

Size

38.8 KB

Accession

0001209191-14-066485

Insider Transaction Report

Form 4

Period: 2014-10-31

XRS CorpXRSC

Weber Michael W.

Chief Financial Officer

Transactions

Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.61/sh−6,667$17,401→ 0 total
Exercise: $2.99Exp: 2018-02-06→ Common Stock, $0.01 par value (6,667 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.71/sh−9,150$24,797→ 0 total
Exercise: $2.89Exp: 2019-11-03→ Common Stock, $0.01 par value (9,150 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$4.27/sh−19,043$81,314→ 0 total
Exercise: $1.33Exp: 2022-02-08→ Common Stock, $0.01 par value (19,043 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$4.91/sh−100,000$491,000→ 0 total
Exercise: $0.69Exp: 2022-11-07→ Common Stock, $0.01 par value (100,000 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$4.75/sh−40,050$190,238→ 0 total
Exercise: $0.85Exp: 2023-02-06→ Common Stock, $0.01 par value (40,050 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−4,843$27,121→ 0 total
→ Common Stock, $0.01 par value (4,843 underlying)
Other
Common Stock, $0.01 par value
2014-10-31$5.60/sh−17,043$95,441→ 0 total
Other
Option to purchase common stock, $0.01 par value
2014-10-31$1.27/sh−15,000$19,050→ 0 total
Exercise: $4.33Exp: 2017-05-14→ Common Stock, $0.01 par value (15,000 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$3.60/sh−15,000$54,000→ 0 total
Exercise: $2.00Exp: 2019-02-04→ Common Stock, $0.01 par value (15,000 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.75/sh−16,970$46,668→ 0 total
Exercise: $2.85Exp: 2021-02-02→ Common Stock, $0.01 par value (16,970 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−4,067$22,775→ 0 total
→ Common Stock, $0.01 par value (4,067 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−7,031$39,374→ 0 total
→ Common Stock, $0.01 par value (7,031 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−25,000$140,000→ 0 total
→ Common Stock, $0.01 par value (25,000 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−15,639$87,578→ 0 total
→ Common Stock, $0.01 par value (15,639 underlying)
Other
Option to purchase common stock, $0.01 par value
2014-10-31$2.82/sh−40,686$114,735→ 0 total
Exercise: $2.78Exp: 2024-02-05→ Common Stock, $0.01 par value (40,686 underlying)
Other
Restricted Stock Unit
2014-10-31$5.60/sh−12,557$70,319→ 0 total
→ Common Stock, $0.01 par value (12,557 underlying)

Footnotes (3)

[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.
[F3]Cancelled in connection with the Merger in exchange for the right to receive a lump sum cash payment equal to the product of (i) the number of shares subject to such restricted stock unit and (ii) the consideration payable to holders of issuer common stock pursuant to the Merger ($5.60 per share).

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

XRS Corp

CIK 0000854398

→

Entity typeoperating

IncorporatedMN

Related Parties

filerCIK 0000854398

Filing Metadata

Form type: 4
Filed: Nov 3, 7:00 PM ET
Accepted: Nov 4, 9:54 PM ET
Size: 38.8 KB

View on SEC.gov