4//SEC Filing
RECK RONALD B 4
Accession 0001225208-19-012020
CIK 0000937941other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 1:25 PM ET
Size
13.7 KB
Accession
0001225208-19-012020
Insider Transaction Report
Form 4
PCM, INC.PCMI
RECK RONALD B
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2019-08-30−10,000→ 0 totalExercise: $4.22Exp: 2020-08-18→ COMMON (10,000 underlying) - Disposition to Issuer
COMMON
2019-08-30−22,500→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2019-08-30−11,000→ 0 totalExercise: $12.60Exp: 2025-05-20→ COMMON (11,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-08-30−10,000→ 0 totalExercise: $6.24Exp: 2021-09-15→ COMMON (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-08-30−12,750→ 0 totalExercise: $10.05Exp: 2023-05-20→ COMMON (12,750 underlying)
Footnotes (3)
- [F1]Disposition pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among PCM, Inc. (the "Company"), Insight Enterprises, Inc. and Trojan Acquisition Corp., dated as of June 23, 2019, whereby each share of common stock, par value $0.001, of the Company was converted on the effective date of the merger (August 30, 2019) into the right to receive $35.00 in cash, without interest.
- [F2]This option is exercisable in quarterly installments over a two year period. Any unvested options vested in full at the effective time of the merger pursuant to the Merger Agreement.
- [F3]Disposition pursuant to the Merger Agreement: at the effective time of the merger, each option to purchase the issuer's stock under the issuer's stock plans, whether vested or unvested, was cancelled in exchange for the right to receive an amount in cash equal to the product of (a) the excess of $35.00 over the exercise price of such option multiplied by (b) the number of shares of common stock subject to such option.
Documents
Issuer
PCM, INC.
CIK 0000937941
Entity typeother
Related Parties
1- filerCIK 0000939893
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 1:25 PM ET
- Size
- 13.7 KB