4//SEC Filing
LOJACK CORP 4
Accession 0001209191-16-109013
CIK 0000355777operating
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 9:18 AM ET
Size
16.2 KB
Accession
0001209191-16-109013
Insider Transaction Report
Form 4
LOJACK CORPLOJN
Ortiz Randy L.
DirectorPresident and CEO
Transactions
- Disposition from Tender
Common Stock
2016-03-15$6.45/sh−273,183$1,762,030→ 0 total - Other
Employee Stock Option (right to buy)
2016-03-15$0.80/sh−31,999$25,599→ 0 totalExercise: $5.65Exp: 2021-05-28→ Common Stock (31,999 underlying) - Other
Employee Stock Option (right to buy)
2016-03-15$4.00/sh−53,438$213,752→ 0 totalExercise: $2.45Exp: 2022-02-23→ Common Stock (53,438 underlying) - Other
Employee Stock Option (right to buy)
2016-03-15$3.20/sh−151,515$484,848→ 0 totalExercise: $3.25Exp: 2018-11-01→ Common Stock (151,515 underlying) - Other
Employee Stock Option (right to buy)
2016-03-15$3.37/sh−151,515$510,606→ 0 totalExercise: $3.08Exp: 2019-05-17→ Common Stock (151,515 underlying) - Other
Employee Stock Option (right to buy)
2016-03-15$2.99/sh−52,246$156,216→ 0 totalExercise: $3.46Exp: 2020-05-06→ Common Stock (52,246 underlying)
Footnotes (2)
- [F1]Represents shares of common stock of LoJack Corporation ("LoJack")tendered into the tender offer commenced by CalAmp Corp. pursuant to that certain Agreement and Plan of Merger, dated as of February 1, 2016, by and among LoJack, CalAmp Corp. and Lexus Acquisition Sub, Inc. (the "Merger Agreement") in exchange for cash consideration of $6.45 per share as provided by the Merger Agreement.
- [F2]Pursuant to the terms of the Merger Agreement, this option was cancelled by LoJack as of the Acceptance Time in exchange for a cash payment equal to the number of shares of LoJack common stock subject to the option multiplied by the difference between $6.45 and the exercise price of the option, less any applicable withholding taxes.
Documents
Issuer
LOJACK CORP
CIK 0000355777
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0000355777
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 9:18 AM ET
- Size
- 16.2 KB