4//SEC Filing
MAC-GRAY CORP 4
Accession 0001179110-14-000931
CIK 0001038280operating
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 9:37 AM ET
Size
36.2 KB
Accession
0001179110-14-000931
Insider Transaction Report
Form 4
MACDONALD STEWART GRAY JR
DirectorCEO10% Owner
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2014-01-09$13.86/sh−144,474$2,002,410→ 0 totalExercise: $7.39Exp: 2019-01-08→ Common Stock (144,474 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$6.27/sh−58,452$366,494→ 0 totalExercise: $14.98Exp: 2021-01-17→ Common Stock (58,452 underlying) - Disposition to Issuer
Common Stock
2014-01-09−262,222→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2014-01-09−566,667→ 0 total(indirect: See footnote) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$8.39/sh−55,059$461,945→ 0 totalExercise: $12.86Exp: 2017-01-16→ Common Stock (55,059 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$9.62/sh−66,951$644,069→ 0 totalExercise: $11.63Exp: 2018-01-06→ Common Stock (66,951 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$11.94/sh−82,828$988,966→ 0 totalExercise: $9.31Exp: 2020-01-17→ Common Stock (82,828 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$7.23/sh−78,846$570,057→ 0 totalExercise: $14.02Exp: 2022-02-02→ Common Stock (78,846 underlying) - Disposition to Issuer
Common Stock
2014-01-09−626,608→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2014-01-09−100,000→ 0 total(indirect: See footnote) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$9.39/sh−37,629$353,336→ 0 totalExercise: $11.86Exp: 2016-03-31→ Common Stock (37,629 underlying) - Disposition to Issuer
Stock Option
2014-01-09$9.18/sh−100,098$918,900→ 0 totalExercise: $12.07Exp: 2023-01-30→ Common Stock (100,098 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$12.65/sh−20,000$253,000→ 0 totalExercise: $8.60Exp: 2015-05-24→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-01-09$11.30/sh−29,697$335,576→ 0 totalExercise: $9.95Exp: 2018-06-11→ Common Stock (29,697 underlying) - Disposition to Issuer
Common Stock
2014-01-09−161,591→ 0 total - Disposition to Issuer
Common Stock
2014-01-09−159,434→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2014-01-09−148,322→ 0 total(indirect: See footnote)
Footnotes (8)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 14, 2013, by and among Mac-Gray Corporation ("Mac-Gray"), CSC ServiceWorks Holdings, Inc., CSC ServiceWorks, Inc., Spin Holdco Inc. and CSC Fenway, Inc. (the "Merger Agreement"). The Merger Agreement provides that each share of Mac-Gray common stock and each outstanding restricted stock unit shall be converted into the right to receive $21.25 in cash, without interest (the "Merger"). The total reported as disposed in this Form 4 includes shares of common stock and restricted stock units, including 70,164 performance-based restricted stock units not previously reported by the Reporting Person
- [F2]By New Century Trust, Mr. MacDonald takes no part in the management or investment recommendations or decisions of New Century Trust. Mr. MacDonald was the settlor of the trust. The reporting person disclaims beneficial ownership with respect to shares held by New Century Trust for Section 16 reporting purposes
- [F3]By the Stewart G. MacDonald, Jr. 2011 Trust as co-trustee and beneficiary
- [F4]By the Evelyn C. MacDonald Family trust f/b/o Stewart G. MacDonald, Jr. as co-trustee and beneficiary
- [F5]By Cynthia V. Doggett, wife of the Reporting Person. The Reporting Person disclaims ownership with respect to shares held by his spouse for Section 16 reporting purposes.
- [F6]By the Reporting Person's minor children. The Reporting Person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose
- [F7]By Chatham Viewpoints LLC, which is jointly owned by the Reporting Person and his spouse
- [F8]Immediately prior to the effective time of the Merger, each Mac-Gray stock option, whether or not vested and exercisable, outstanding and unexercised immediately prior to the effective time was converted into the right to receive an amount in cash (less applicable tax withholdings) equal to the product of (a) the excess of $21.25 over the per share exercise price of such stock option and (b) the total number of shares of common stock subject to such stock option
Documents
Issuer
MAC-GRAY CORP
CIK 0001038280
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001038280
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 9:37 AM ET
- Size
- 36.2 KB