Home/Filings/4/0001437749-13-008721
4//SEC Filing

NAVARRE CORP /MN/ 4

Accession 0001437749-13-008721

CIK 0000911650operating

Filed

Jul 10, 8:00 PM ET

Accepted

Jul 11, 5:34 PM ET

Size

5.0 KB

Accession

0001437749-13-008721

Insider Transaction Report

Form 4
Period: 2013-07-10
Transactions
  • Award

    Common Stock

    2013-07-10$1.69/sh+118,204$200,0723,924,684 total
Footnotes (2)
  • [F1]Issuance by the Issuer of its common stock in connection with the 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 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.

Issuer

NAVARRE CORP /MN/

CIK 0000911650

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0000911650

Filing Metadata

Form type
4
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 5:34 PM ET
Size
5.0 KB