Home/Filings/4/0001638599-19-000446
4//SEC Filing

Henry Charles R 4

Accession 0001638599-19-000446

CIK 0000918580other

Filed

May 1, 8:00 PM ET

Accepted

May 2, 1:22 PM ET

Size

29.0 KB

Accession

0001638599-19-000446

Insider Transaction Report

Form 4
Period: 2019-05-01
Transactions
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $5.10From: 2009-12-31Exp: 2019-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $7.19From: 2011-12-31Exp: 2021-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $7.90From: 2013-12-31Exp: 2023-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $10.11From: 2015-12-31Exp: 2025-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $9.30From: 2016-12-31Exp: 2026-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $11.93From: 2017-12-31Exp: 2027-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Common Stock

    2019-05-01$13.75/sh0$00 total
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $8.56From: 2018-12-31Exp: 2028-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $6.38From: 2010-12-31Exp: 2020-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $6.18From: 2012-12-31Exp: 2022-06-30Common Stock (3,500 underlying)
  • Disposition from Tender

    Director Stock Option (Right to Buy)

    2019-05-013,5000 total
    Exercise: $8.16From: 2014-12-31Exp: 2024-06-30Common Stock (3,500 underlying)
Footnotes (3)
  • [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of November 27, 2018 (as amended, modified, or supplemented prior to the date hereof, the "Merger Agreement"), by and among Gaming Partners International Corporation ("GPIC"), Angel Holdings Godo Kaisha ("Angel") and AGL Nevada Corporation ("Merger Sub"), as of the effective time of the merger contemplated by the Merger Agreement (the "Merger"), Merger Sub merged with and into GPIC, GPIC was the surviving corporation and, as a result thereof, GPIC became a wholly owned subsidiary of Angel. At the effective time of the Merger, each share of GPIC common stock outstanding immediately prior to the effective time of the Merger was converted into the right to receive a cash payment of $13.75 in accordance with the terms of the Merger Agreement. At the effective time of the Merger, Mr. Henry did not beneficially own any shares of GPIC common stock.
  • [F2]Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, these stock options were canceled, terminated, and extinguished, and in exchange therefor, the holder was granted the right to receive a cash payment in accordance with the terms of the Merger Agreement. Pursuant to the terms of the Merger Agreement, the cash payment made in respect of each stock option equals the product of (x) the number of shares issuable upon the exercise of such option multiplied by (y) the excess, if any, of $13.75 over the exercise price per share for such option.
  • [F3]As previously reported, GPIC granted these stock options to Mr. Henry, pursuant to the GPIC 1994 Directors' Stock Option Plan, as compensation for his services as a member of the Board of Directors of GPIC. The grant was exempt pursuant to Exchange Act Rule 16b-3.

Issuer

Gaming Partners International CORP

CIK 0000918580

Entity typeother

Related Parties

1
  • filerCIK 0001368156

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 1:22 PM ET
Size
29.0 KB