4//SEC Filing
White Matthew A 4
Accession 0001437749-25-032443
CIK 0000320340other
Filed
Oct 29, 8:00 PM ET
Accepted
Oct 30, 4:32 PM ET
Size
13.2 KB
Accession
0001437749-25-032443
Insider Transaction Report
Form 4
CoreCard CorpCCRD
Transactions
- Disposition to Issuer
Common stock, par value $.01 per share
2025-10-30−4,000→ 0 total - Disposition to Issuer
Restricted Stock Unit
2025-10-30−3,621→ 0 total→ Common Stock (3,621 underlying) - Disposition to Issuer
Stock Option (right to buy)
2025-10-30−30,000→ 0 totalExercise: $19.99Exp: 2029-01-22→ Common Stock (30,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2025-10-30−8,125→ 0 total→ Common Stock (8,125 underlying)
Footnotes (7)
- [F1]The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among CoreCard Corporation ("Company"), Euronet Worldwide, Inc. ("Euronet"), and Genesis Merger Sub Inc., a wholly owned subsidiary of Euronet ("Merger Sub"). Pursuant to the Merger Agreement, on October 30, 2025, Merger Sub merged with and into Company (the "Merger"), with Company surviving the Merger as a wholly owned subsidiary of Euronet. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of Company's common stock, par value $0.01 per share ("Company Common Stock"), was converted into the right to receive 0.3142 shares of Euronet's common stock, par value $0.02 per share (the "Euronet Common Stock" and such ratio, the "Exchange Ratio") and cash payable in lieu of fractional shares (collectively, the "Per Share Merger Consideration"), as described in the Merger Agreement.
- [F2]Restricted stock units to acquire shares of Company Common Stock (each a "Company RSU") convert into Company Common Stock on a one-for-one basis upon settlement.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, each outstanding and unvested Company RSU award became vested and was automatically converted into the right to receive the Per Share Merger Consideration in respect of each share of Company Common Stock subject to such Company RSU.
- [F4]Company RSUs do not expire; they either vest or are canceled prior to the vesting date.
- [F5]Each stock option to purchase shares of Company Common Stock represents a contingent right to purchase one share of Company Common Stock.
- [F6]Pursuant to the Merger Agreement, each Company stock option that was outstanding and unexercised immediately prior to the Effective Time became fully vested and exercisable, and was automatically terminated, and was converted into the right to receive an amount in cash in respect of each share subject thereto equal to the excess of (x) the product of the Exchange Ratio multiplied by the volume weighted average price per share of Euronet Common Stock on the NASDAQ Global Select Market for the fifteen consecutive trading days ending on, and including, the second full trading day prior to the Effective Time over (y) the per share exercise price.
- [F7]The stock option is fully vested and exercisable.
Documents
Issuer
CoreCard Corp
CIK 0000320340
Entity typeother
Related Parties
1- filerCIK 0001766061
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 8:00 PM ET
- Accepted
- Oct 30, 4:32 PM ET
- Size
- 13.2 KB