4//SEC Filing
Kumar Venu Raman 4
Accession 0001144204-12-047286
CIK 0001441567other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 11:42 AM ET
Size
11.1 KB
Accession
0001144204-12-047286
Insider Transaction Report
Form 4
MModal Inc.MODL
Kumar Venu Raman
DirectorVice Chairman
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-08-17$6.12/sh−56,373$345,003→ 0 totalExercise: $7.88Exp: 2017-06-12→ Common Stock (56,373 underlying) - Disposition from Tender
Common Stock
2012-08-17$14.00/sh−110,516$1,547,224→ 0 total(indirect: See Note) - Disposition from Tender
Common Stock
2012-08-17$14.00/sh−506,970$7,097,580→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-08-17$8.99/sh−1,240,044$11,147,996→ 0 totalExercise: $5.01Exp: 2018-08-06→ Common Stock (1,240,044 underlying)
Footnotes (3)
- [F1]Mr. Kumar is the sole shareholder of Zeke Limited, which owned 110, 516 shares of Common Stock jointly with Kane Trade and Finance SA in equal ratio.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of July 2, 2012, by and among the Issuer, Legend Parent, Inc., and Legend Acquisition Sub, Inc., at the effective time of the merger, the option was canceled in exchange for a cash payment of $11,147,996, representing the difference between the exercise price of the option and $14.00 per share.
- [F3]At the effective time of the merger, the option was canceled in the merger in exchange for a cash payment of $345,003, representing the difference between the exercise price of the option and $14.00 per share.
Documents
Issuer
MModal Inc.
CIK 0001441567
Entity typeother
Related Parties
1- filerCIK 0001441841
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 11:42 AM ET
- Size
- 11.1 KB