4//SEC Filing
VIASYSTEMS GROUP INC 4
Accession 0001209191-15-049245
CIK 0001101169operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 9:46 PM ET
Size
12.3 KB
Accession
0001209191-15-049245
Insider Transaction Report
Form 4
Sindelar David M
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2015-05-31−24,600→ 0 total(indirect: By Trust) - Disposition to Issuer
Performance Shares
2015-05-31−277,329→ 0 total→ Common Stock (277,329 underlying) - Disposition to Issuer
Common Stock
2015-05-31−119,868→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2015-05-31−466,799→ 0 total→ Common Stock (466,799 underlying)
Footnotes (3)
- [F1]The shares were cancelled in connection with the merger of Vector Acquisition Corp., a wholly owned subsidiary of TTM Technologies, Inc. ("TTM"), into the Issuer (the "Merger"). At the effective time of the Merger, each issued and outstanding share of the Issuer's common stock was cancelled and converted automatically into the right to receive a combination of (a) $11.33 in cash, and (b) 0.706 of a share of common stock of TTM (together, the "Merger Consideration").
- [F2]Performance shares were granted on February 7, 2012 (49,765 performance shares), February 5, 2013 (147,495 performance shares), February 4, 2014 (83,150 performance shares), and February 3, 2015 (24,883 performance shares). Each performance share represented a contingent right to receive a share of the Issuer's common stock upon satisfaction of certain performance criteria or based strictly upon a function of the market price of the Issuer's common stock. The vested portions of the performance shares (277,329 shares) were cancelled in connection with the Merger in exchange for 195,794 shares of common stock of TTM and a cash payment of $3,142,140.22, minus 80,981 shares and $1,329,535.11 withheld for tax purposes.
- [F3]Options were granted on May 11, 2010 (239,945 shares at $21.88 per share), February 8, 2011 (131,153 shares at $20.38 per share) and February 7, 2012 (95,701 shares at $18.42 per share). The options have a term of seven years from their date of grant. All options are fully vested. Such options were cancelled in the Merger, as the exercise price for such options exceeded the Merger Consideration.
Documents
Issuer
VIASYSTEMS GROUP INC
CIK 0001101169
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001101169
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 9:46 PM ET
- Size
- 12.3 KB