4//SEC Filing
Lechtner William 4
Accession 0001638599-19-000383
CIK 0001094139other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 1:06 PM ET
Size
11.5 KB
Accession
0001638599-19-000383
Insider Transaction Report
Form 4
OURPETS COOPCO
Lechtner William
Director
Transactions
- Disposition to Issuer
Common
2019-03-14$1.00/sh−14,787$14,787→ 0 total
Holdings
- 7,000
Stock Option
Exercise: $0.70From: 2015-05-27Exp: 2020-05-27→ Common (7,000 underlying) - 7,000
Stock Option
Exercise: $0.95From: 2016-06-01Exp: 2021-06-01→ Common (7,000 underlying) - 7,000
Stock Option
Exercise: $1.59From: 2017-06-05Exp: 2022-06-05→ Common (7,000 underlying) - 7,000
Stock Option
Exercise: $1.09From: 2014-06-02Exp: 2019-06-02→ Common (7,000 underlying) - 12,000
Stock Option
Exercise: $0.79From: 2018-06-06Exp: 2023-06-06→ Common (12,000 underlying)
Footnotes (2)
- [F1]Options vest immediately as of grant date.
- [F2]Pursuant to an Agreement and Plan of Merger dated as of December 18, 2018 (the "Merger Agreement"), by and among OurPet's Company ("Issuer"), Paws Merger Parent, LLC ("Parent") and Paws Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer and the Issuer continued as the surviving corporation and a wholly-owned subsidiary of Parent, effective March 14, 2019 (the "Merger"). Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each outstanding share of the Issuer's common stock (other than certain excluded shares) was cancelled and automatically converted into the right to receive $1.00 in cash, without interest. Option holders received, on a per share basis, the difference between the $1.00 merger consideration and the strike price.
Documents
Issuer
OURPETS CO
CIK 0001094139
Entity typeother
Related Parties
1- filerCIK 0001551033
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 1:06 PM ET
- Size
- 11.5 KB