4//SEC Filing
EDUCATE INC 4
Accession 0001181431-07-040802
CIK 0001286862operating
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 6:23 PM ET
Size
7.1 KB
Accession
0001181431-07-040802
Insider Transaction Report
Form 4
EDUCATE INCEEEE
BERG LAURENCE M
Director
Transactions
- Disposition to Issuer
Option to purchase Common Stock
2007-06-14$2.94/sh−20,000$58,800→ 0 totalExercise: $5.06From: 2004-05-13Exp: 2014-05-13→ Common Stock, par value $0.01 per share (20,000 underlying)
Footnotes (2)
- [F1]The option was cancelled in the merger in exchange for a cash payment of $58,750, representing the amount equal to the number of shares of Educate, Inc. common stock underlying the option multiplied by the difference between the per share exercise price and the per share merger consideration of $8.
- [F2]See Exhibit 99.1
Documents
Issuer
EDUCATE INC
CIK 0001286862
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001286862
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 6:23 PM ET
- Size
- 7.1 KB