4//SEC Filing
GOLDMAN ERIK 4
Accession 0001277423-12-000016
CIK 0001410240other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 3:21 PM ET
Size
19.3 KB
Accession
0001277423-12-000016
Insider Transaction Report
Form 4
GOLDMAN ERIK
President
Transactions
- Disposition to Issuer
Common Stock
2012-07-26$12.00/sh−156,597$1,879,164→ 0 total - Disposition to Issuer
Option to Purchase
2012-07-26$9.53/sh−84,096$801,435→ 0 totalExercise: $2.47Exp: 2017-11-30→ Common Stock (84,096 underlying) - Disposition to Issuer
Option to Purchase
2012-07-26$6.81/sh−75,000$510,750→ 0 totalExercise: $5.19Exp: 2019-06-05→ Common Stock (75,000 underlying) - Disposition to Issuer
Option to Purchase
2012-07-26$8.10/sh−30,000$243,000→ 0 totalExercise: $3.90Exp: 2021-05-12→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2012-07-26−281,651→ 0 totalExercise: $0.00Exp: 2014-03-31→ Common Stock (281,651 underlying) - Disposition to Issuer
Option to Purchase
2012-07-26−281,651→ 0 totalExercise: $2.47Exp: 2017-11-30→ Common Stock (281,651 underlying) - Disposition to Issuer
Option to Purchase
2012-07-26−75,000→ 0 totalExercise: $5.19Exp: 2019-06-05→ Common Stock (75,000 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of June 1, 2012, by and among the Company, Verizon Communications Inc. and Verizon Telematics Inc. (the "Merger Agreement"), these shares of common stock, which were held in escrow to be released to the Reporting Person upon the achievement of certain target trading prices of the Company's common stock prior to March 31, 2014, were cancelled without consideration.
- [F2]Pursuant to the Merger Agreement, this option, which vested as to 63,072 shares in three equal installments on each of November 30, 2008, November 30, 2009 and November 30, 2010 and 21,024 shares on November 1, 2011 upon the signing of an agreement with Volkswagen Group of America, was cancelled in exchange for a cash payment of $9.53 per share representing the difference between the exercise price of the option and the $12.00 per share merger consideration.
- [F3]Pursuant to the Merger Agreement, this option, which provided for vesting upon the achievement of certain target trading prices of the Company's common stock prior to March 31, 2014, was cancelled without consideration.
- [F4]Pursuant to the Merger Agreement, this option, which vested as to 37,500 shares on June 5, 2011 and 18,750 shares on each of June 5, 2012 and July 26, 2012, was cancelled in exchange for a cash payment of $6.81 per share representing the difference between the exercise price of the option and the $12.00 per share merger consideration.
- [F5]Pursuant to the Merger Agreement, this option, which vested on July 26, 2012, was cancelled in exchange for a cash payment of $8.10 per share representing the difference between the exercise price of the option and the $12.00 per share merger consideration.
Documents
Issuer
HUGHES Telematics, Inc.
CIK 0001410240
Entity typeother
Related Parties
1- filerCIK 0001277424
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 3:21 PM ET
- Size
- 19.3 KB