Digital Cinema Destinations Corp. 4
4 · Digital Cinema Destinations Corp. · Filed Aug 15, 2014
Insider Transaction Report
Form 4
Goldwater Charles
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2014-08-15−71,900→ 0 total
Footnotes (2)
- [F1]Issuer was acquired by Carmike Cinemas, Inc. pursuant to a merger agreement dated May 15, 2014 as described in the Issuer Proxy Statement dated July 7, 2014 (the "Merger"). Each share of Issuer outstanding Class A Common Stock and each share of Issuer outstanding Class B Common Stock was converted into 0.1765 shares of Carmike Common Stock. Issuer outstanding restricted stock units ("RSU's"), whether vested or not, were converted into Carmike Common Stock at the 0.1765 ratio of Carmike Common Stock per share of Issuer common stock subject to the RSU's. Dispositions by Reporting Person were approved in advance by the Issuer's Board of Directors.
- [F2]Includes RSU's relating to 48,000 shares of Class A Common Stock that were not previously reported because they had not vested or been issued. Balance of shares was understated by 200 shares in error in last filed Form 4.