Home/Filings/4/0001493152-23-037863
4//SEC Filing

GINOLA LTD 4

Accession 0001493152-23-037863

CIK 0001046995other

Filed

Oct 19, 8:00 PM ET

Accepted

Oct 20, 4:43 PM ET

Size

12.3 KB

Accession

0001493152-23-037863

Insider Transaction Report

Form 4
Period: 2023-10-18
GINOLA LTD
10% Owner
Transactions
  • Disposition from Tender

    Common Stock

    2023-10-18$2.08/sh1,002,647$2,085,5060 total
  • Disposition from Tender

    Common Stock

    2023-10-18$2.08/sh78,478$163,2340 total(indirect: By Mount Union Corp.)
  • Disposition from Tender

    Common Stock

    2023-10-18$2.08/sh57,372$119,3340 total(indirect: By Trust)
  • Disposition from Tender

    Series B Convertible Preferred Stock

    2023-10-185000 total
    Common Stock (1,654,533 underlying)
Footnotes (4)
  • [F1]On October 18, 2023 (the "Effective Time"), pursuant to the Agreement and Plan of Merger, dated as of May 17, 2023 (the "Merger Agreement") among eMagin Corporation, a Delaware corporation (the "Company"), Samsung Display Co., Ltd., a Korean corporation ("Samsung Display"), and certain subsidiaries thereof, Samsung Display acquired the Company. Pursuant to the Merger Agreement, at the Effective Time, each share of the Company's Common Stock was converted into the right to receive $2.08 per share in cash.
  • [F2]Pursuant to the Merger Agreement, at the Effective Time, each share of the Company's Series B Convertible Redeemable Preferred Stock was converted into the right to receive cash in an amount equal to (x) the total number of shares of the Company's Common Stock issuable upon conversion thereof immediately prior to the Effective Time, multiplied by (y) $2.08 per share. At the Effective Time, the Series B Preferred Stock had a stated value of $1,000 per share and a conversion price of $ 0.3022 per share.
  • [F3]These securities are held solely by Mount Union Corp. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
  • [F4]These securities are held solely by Chelsea Trust Company Limited, as Trustee. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.

Documents

1 file

Issuer

EMAGIN CORP

CIK 0001046995

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001230770

Filing Metadata

Form type
4
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 4:43 PM ET
Size
12.3 KB