Herndon Terry O. 4
4 · QUEPASA CORP · Filed Nov 15, 2011
Insider Transaction Report
Form 4
QUEPASA CORPQPSA
Herndon Terry O.
Director
Transactions
- Award
Common Stock
2011-11-10+1,156,189→ 1,156,189 total - Award
Common Stock
2011-11-10+1,156,189→ 1,156,189 total(indirect: See footnote)
Footnotes (2)
- [F1]On November 10, 2011, the issuer's wholly-owned subsidiary merged with Insider Guides, Inc., a privately-held Delaware corporation ("myYearbook"). Holders of myYearbook's securities received cash and shares of the issuer's common stock as merger consideration. The reporting person, a former security holder of myYearbook, acquired these securities, as well as cash, in exchange for securities of myYearbook. The closing price of the issuer's common stock on the NYSE Amex on November 10, 2011 was $4.08.
- [F2]These shares are held by the reporting person's spouse. The reporting person disclaims beneficial ownership over these shares, except to the extent of his pecuniary interest therein.