Byron Marc V 4
4 · HUGHES Telematics, Inc. · Filed Jul 27, 2012
Insider Transaction Report
Form 4
Byron Marc V
Director
Transactions
- Disposition to Issuer
Common Stock
2012-07-26$12.00/sh−105,050$1,260,600→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2012-07-26−241,893→ 0 total(indirect: By LLC)Exercise: $0.00Exp: 2014-03-31→ Common Stock (241,893 underlying) - Disposition to Issuer
Common Stock
2012-07-26$12.00/sh−36,000$432,000→ 0 total - Disposition to Issuer
Common Stock
2012-07-26−333,026→ 0 total(indirect: By LLC)Exercise: $0.00Exp: 2014-03-31→ Common Stock (333,026 underlying)
Footnotes (3)
- [F1]Mr. Byron has a pecuniary interest in the shares of common stock held by Trivergance, LLC.
- [F2]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., 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.
- [F3]Mr. Byron controls Byron Business Ventures XX, LLC.