4//SEC Filing
Gleacher Eric 4
Accession 0001411686-10-000147
CIK 0000782842other
Filed
Nov 1, 8:00 PM ET
Accepted
Nov 2, 5:43 PM ET
Size
6.2 KB
Accession
0001411686-10-000147
Insider Transaction Report
Form 4
Gleacher Eric
10% Owner
Transactions
- Other
Common Stock
2010-10-29$2.22/sh−148,290$329,204→ 14,393,745 total
Footnotes (3)
- [F1]Forfeiture of shares to the issuer pursuant to the escrow agreement entered into on June 5, 2009 in connection with the merger of Gleacher Partners Inc. into the issuer pursuant to the Agreement and Plan of Merger dated March 2, 2009 (as amended, the "Agreement"). The shares were forfeited in satisfaction of certain tax claims arising as a result of the indemnification obligations of the Reporting Person under the Agreement.
- [F2]The Agreement provides that the price of the forfeited shares shall be the closing price of the common stock on the business day immediately prior to the date of request to the escrow agent (the Transaction Date).
- [F3]Includes 956,555 shares of common stock held in escrow and subject to forfeiture to satisfy indemnification obligations pursuant to the Agreement.
Documents
Issuer
GLEACHER & COMPANY, INC.
CIK 0000782842
Entity typeother
Related Parties
1- filerCIK 0001465481
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 8:00 PM ET
- Accepted
- Nov 2, 5:43 PM ET
- Size
- 6.2 KB