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METROGOLF INC 4

Accession 0000950136-98-000463

CIK 0001016771operating

Filed

Mar 9, 7:00 PM ET

Accepted

Size

15.6 KB

Accession

0000950136-98-000463

Insider Transaction Report

Form 4
Period: 1998-02-28

No transactions or holdings reported in this filing.

Footnotes (5)
  • [1]Pursuant to Instruction 5(b)(v), this Form 4 is filed jointly by all of the undersigned (collectively, the "Reporting Persons"), who may be deemed to be members of a "group" pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Family Golf Centers, Inc. has been designated to make the filing of this Form 4.
  • [2]Acquired through privately negotiated transactions.
  • [3]Pursuant to an Agreement and Plan of Merger, dated as of December 23, 1997 (the "Merger Agreement"), by and among Family Golf Acquisition, Inc. ("Purchaser"), Family Golf Centers, Inc. ("Parent") and MetroGolf Incorporated ("Issuer"), on February 24, 1998. Purchaser merged with and into Issuer in accordance with Section 7-111-104 of the Colorado Business Corporation Act (the "BCA"). In accordance with the terms of the Merger Agreement, on February 24, 1998 (i) all issued and outstanding shares of common stock of issuer not previously tendered were converted into the right to receive payment of $1.50 per share in cash, canceled and retired, (ii) each of the 1,000 issued and outstanding shares of common stock of Purchaser was converted into one share of Issuer, and (iii) each share of common stock held in the treasury of the Issuer was canceled and retired without any consideration therefore.
  • [4]Purchaser claims direct beneficial ownership of the Shares. Parent claims indirect beneficial ownership of the Shares through its affiliation with Purchaser.
  • [5]Beneficial ownership of derivative securities previously reported. Warrant has not yet been exercised and convertible note has not yet been converted. FAMILY GOLF CENTERS, INC. BY: /s/ Robert J. Krause 3/10/98 ------------------------------------- -------------------- Name: Robert J. Krause Date Title: Senior Vice President **

Documents

1 file

Issuer

METROGOLF INC

CIK 0001016771

Entity typeoperating
IncorporatedCO

Related Parties

1
  • filerCIK 0001016771

Filing Metadata

Form type
4
Filed
Mar 9, 7:00 PM ET
Size
15.6 KB