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4//SEC Filing

VASTERA INC 4

Accession 0001035441-05-000003

CIK 0001075056operating

Filed

Apr 18, 8:00 PM ET

Accepted

Apr 19, 12:55 PM ET

Size

7.7 KB

Accession

0001035441-05-000003

Insider Transaction Report

Form 4
Period: 2005-04-01
DAVENPORT TIMOTHY A
DirectorPresident & CEO
Transactions
  • Disposition to Issuer

    Common Stock

    2005-04-01$3.00/sh35,000$105,0000 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2005-04-0110,0000 total
    Exercise: $2.36Exp: 2012-07-29Common Stock (10,000 underlying)
Footnotes (2)
  • [F1]Pursuant to the Agreement and Plan of Merger by and among JPMorgan Chase Bank, National Association, JPM Merger Sub Inc., and Vastera, Inc., dated January 6, 2005, each share of Vastera, Inc. common stock was exchanged for $3.00 in cash, without interest.
  • [F2]Each stock option granted pursuant to the Vastera, Inc. 1996 Stock Option Plan and 2000 Stock Incentive Plan were fully vested and then cancelled as part of the merger in exchange for a cash payment equal to the difference between the exercise price of the option and the cas portion fo the merger consideration ($3.00 per share) times the option shares outstanding.

Issuer

VASTERA INC

CIK 0001075056

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001075056

Filing Metadata

Form type
4
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 12:55 PM ET
Size
7.7 KB