GEVITY HR INC 4
4 · GEVITY HR INC · Filed Jun 1, 2009
Insider Transaction Report
Form 4
GEVITY HR INCgvhr
ORR JAMES F III
Director
Transactions
- Disposition to Issuer
Common Stock
2009-06-01$4.00/sh−27,500$110,000→ 7,500 total - Disposition to Issuer
Common Stock
2009-06-01$4.00/sh−7,500$30,000→ 0 total
Footnotes (2)
- [F1]On June 1, 2009 Gevity HR, Inc. was acquired by TriNet Group, Inc. with TriNet paying $4.00 for each share of Gevity common stock outstanding (the Merger). Dispositions by reporting person in the Merger were approved in advance by the Gevity board of directors.
- [F2]In connection with the terms of the Merger, restricted stock held by reporting person subject to time vesting was converted into the $4.00 per share merger consideration.