Home/Filings/4/0001179110-14-000931
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
Period: 2014-01-09
MACDONALD STEWART GRAY JR
DirectorCEO10% Owner
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$13.86/sh144,474$2,002,4100 total
    Exercise: $7.39Exp: 2019-01-08Common Stock (144,474 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$6.27/sh58,452$366,4940 total
    Exercise: $14.98Exp: 2021-01-17Common Stock (58,452 underlying)
  • Disposition to Issuer

    Common Stock

    2014-01-09262,2220 total(indirect: See footnote)
  • Disposition to Issuer

    Common Stock

    2014-01-09566,6670 total(indirect: See footnote)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$8.39/sh55,059$461,9450 total
    Exercise: $12.86Exp: 2017-01-16Common Stock (55,059 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$9.62/sh66,951$644,0690 total
    Exercise: $11.63Exp: 2018-01-06Common Stock (66,951 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$11.94/sh82,828$988,9660 total
    Exercise: $9.31Exp: 2020-01-17Common Stock (82,828 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$7.23/sh78,846$570,0570 total
    Exercise: $14.02Exp: 2022-02-02Common Stock (78,846 underlying)
  • Disposition to Issuer

    Common Stock

    2014-01-09626,6080 total(indirect: See footnote)
  • Disposition to Issuer

    Common Stock

    2014-01-09100,0000 total(indirect: See footnote)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$9.39/sh37,629$353,3360 total
    Exercise: $11.86Exp: 2016-03-31Common Stock (37,629 underlying)
  • Disposition to Issuer

    Stock Option

    2014-01-09$9.18/sh100,098$918,9000 total
    Exercise: $12.07Exp: 2023-01-30Common Stock (100,098 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$12.65/sh20,000$253,0000 total
    Exercise: $8.60Exp: 2015-05-24Common Stock (20,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-01-09$11.30/sh29,697$335,5760 total
    Exercise: $9.95Exp: 2018-06-11Common Stock (29,697 underlying)
  • Disposition to Issuer

    Common Stock

    2014-01-09161,5910 total
  • Disposition to Issuer

    Common Stock

    2014-01-09159,4340 total(indirect: See footnote)
  • Disposition to Issuer

    Common Stock

    2014-01-09148,3220 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

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