4//SEC Filing
Corrao Peter A 4
Accession 0001225208-12-006656
CIK 0001094808other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:37 PM ET
Size
13.9 KB
Accession
0001225208-12-006656
Insider Transaction Report
Form 4
Vertro, Inc.VTRO
Corrao Peter A
DirectorCEO & President
Transactions
- Disposition to Issuer
Common Stock
2012-03-01−76,000→ 470,151 total - Disposition to Issuer
Common Stock
2012-03-01−354,808→ 0 total - Award
Common Stock
2012-03-01+228,572→ 546,151 total - Tax Payment
Common Stock
2012-03-01$1.40/sh−115,343$161,480→ 354,808 total - Disposition to Issuer
Stock Option - Right to Buy
2012-03-01−25,000→ 0 totalExercise: $24.75From: 2010-01-01Exp: 2016-01-01→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option - Right to Buy
2012-03-01−25,000→ 0 totalExercise: $26.40From: 2009-09-06Exp: 2015-09-06→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Shares acquired pursuant to 2011 Bonus Program.
- [F2]Forfeiture of performance-based restricted stock units.
- [F3]SHARES WITHHELD BY VERTRO, INC. TO SATISFY THE INDIVIDUAL'S WITHHOLDING TAXES PAYABLE UPON VESTING OF RESTRICTED STOCK UNITS AND SHARES ACQUIRED PURSUANT TO THE 2011 BONUS PROGRAM.
- [F4]Disposed of pursuant to an Agreement and Plan of Merger among Issuer, Inuvo, Inc. ("Inuvo") and Anhinga Merger Subsidiary, Inc. (the "Merger"). Each outstanding share of common stock of Issuer was converted into the right to receive 1.546 shares of common stock of Inuvo having a market value of $0.88 per share on the effective date of the Merger.
- [F5]This option was assumed by Inuvo in the Merger and was replaced with an option to purchase 1.546 shares of Inuvo common stock for each option to purchase common stock of the Issuer, having an exercise price calculated by dividing the exercise price in Table II, Item 2 by 1.546.
Documents
Issuer
Vertro, Inc.
CIK 0001094808
Entity typeother
Related Parties
1- filerCIK 0001337231
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:37 PM ET
- Size
- 13.9 KB