4//SEC Filing
Bryant Monroe David JR 4
Accession 0001437749-13-002081
CIK 0000911650other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 5:33 PM ET
Size
5.0 KB
Accession
0001437749-13-002081
Insider Transaction Report
Form 4
Bryant Monroe David JR
Director
Transactions
- Award
Common Stock
2013-02-26$1.69/sh+351,718$595,318→ 3,776,480 total
Footnotes (2)
- [F1]Issuance by the Issuer of its common stock in connection with the earned portion of the first contingent consideration component for the SpeedFC Merger Transaction as approved by the Issuer's shareholders on November 20, 2012 and described in the Issuer's Current Report on Form 8-K, filed on November 21, 2012. The Reporting Person's contingent right to receive additional shares became fixed and irrevocable on November 20, 2012, the effective date of the merger.
- [F2]For the purpose of determining the number of shares of Common Stock issuable as contingent consideration for the first earned portion payable to the SpeedFC equity holders, the Merger Agreement, as amended, provided that the Issuer's common stock would be valued at $1.6926. No additional consideration was paid by the Reporting Person to the Issuer in connection with this issuance of shares.
Documents
Issuer
NAVARRE CORP /MN/
CIK 0000911650
Entity typeother
Related Parties
1- filerCIK 0001562605
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 5:33 PM ET
- Size
- 5.0 KB