4//SEC Filing
ENDY ERIC P 4
Accession 0001638599-19-000449
CIK 0000918580other
Filed
May 1, 8:00 PM ET
Accepted
May 2, 1:24 PM ET
Size
22.0 KB
Accession
0001638599-19-000449
Insider Transaction Report
Form 4
ENDY ERIC P
Director
Transactions
- Disposition from Tender
Common Stock
2019-05-01$13.75/sh−142,799$1,963,486→ 0 total - Disposition from Tender
Common Stock
2019-05-01$13.75/sh−25,908$356,235→ 0 total(indirect: By Trust) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−3,500→ 0 totalExercise: $8.26From: 2015-06-23Exp: 2024-12-22→ Common Stock (3,500 underlying) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−3,500→ 0 totalExercise: $6.20From: 2012-06-23Exp: 2021-12-22→ Common Stock (3,500 underlying) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−2,000→ 0 totalExercise: $5.96From: 2010-06-23Exp: 2019-12-22→ Common Stock (2,000 underlying) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−3,500→ 0 totalExercise: $8.62From: 2016-06-23Exp: 2025-12-22→ Common Stock (3,500 underlying) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−3,500→ 0 totalExercise: $11.79From: 2017-06-23Exp: 2026-12-22→ Common Stock (3,500 underlying) - Disposition from Tender
Director Stock Option (Right to Buy)
2019-05-01−3,500→ 0 totalExercise: $11.00From: 2018-06-23Exp: 2027-12-22→ Common Stock (3,500 underlying)
Footnotes (4)
- [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.
- [F2]At the effective time of the Merger, Mr. Endy held 142,799 shares of GPIC common stock jointly with his spouse and 25,908 shares were held by trusts established for the benefit of Mr. Endy's family.
- [F3]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.
- [F4]As previously reported, GPIC granted these stock options to Mr. Endy, 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.
Documents
Issuer
Gaming Partners International CORP
CIK 0000918580
Entity typeother
Related Parties
1- filerCIK 0001012817
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 1:24 PM ET
- Size
- 22.0 KB