Pike Corp 4

Accession 0001181431-14-039593

CIK 0001317577operating

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 8:56 PM ET

Size

22.5 KB

Accession

0001181431-14-039593

Form 4

Period: 2014-12-22

SVP of Operations

Transactions

Disposition to Issuer
Restricted Stock Units
2014-12-22−4,228→ 0 total
Exercise: $0.00→ Common Stock (4,228 underlying)
Disposition to Issuer
Option to Buy
2014-12-22−26,386→ 0 total
Exercise: $9.22Exp: 2022-03-01→ Common Stock (26,386 underlying)
Disposition to Issuer
Restricted Stock Units
2014-12-22−14,282→ 0 total
Exercise: $0.00→ Common Stock (14,282 underlying)
Disposition to Issuer
Common Stock
2014-12-22$12.00/sh−89,223$1,070,676→ 0 total
Disposition to Issuer
Option to Buy
2014-12-22−38,690→ 0 total
Exercise: $14.00Exp: 2015-07-27→ Common Stock (38,690 underlying)
Disposition to Issuer
Option to Buy
2014-12-22−10,000→ 0 total
Exercise: $18.41Exp: 2016-11-01→ Common Stock (10,000 underlying)
Disposition to Issuer
Option to Buy
2014-12-22−30,076→ 0 total
Exercise: $8.81Exp: 2018-11-03→ Common Stock (30,076 underlying)
Disposition to Issuer
Option to Buy
2014-12-22−21,628→ 0 total
Exercise: $11.33Exp: 2019-09-01→ Common Stock (21,628 underlying)
Disposition to Issuer
Option to Buy
2014-12-22−23,648→ 0 total
Exercise: $9.61Exp: 2021-03-01→ Common Stock (23,648 underlying)

Footnotes (7)

[F1]Pursuant to the Agreement and Plan of Merger, dated as of August 4, 2014, among the Issuer, Pioneer Parent, Inc. and Pioneer Merger Sub, Inc. (the "Merger Agreement"), these shares were cancelled and converted into the right to receive $12.00 in cash per share, without interest and less any applicable withholding taxes.
[F2]Pursuant to the Merger Agreement, each of these options became fully vested and was cancelled and converted into the right to receive cash consideration, without interest and less any applicable withholding taxes, equal to the product of (i) the number of shares of the Issuer's common stock subject to the option and (ii) the excess, if any, of $12.00 over the per share exercise price of the option.
[F3]All of these options were vested and exercisable as of December 22, 2014.
[F4]Pursuant to the Merger Agreement, these restricted stock units became fully vested and were cancelled and converted into the right to receive $12.00 in cash per share of the Issuer's common stock subject to such restricted stock units, without interest and less any applicable withholding taxes.
[F5]These restricted stock units would have vested on February 1, 2015.
[F6]17,590 of these options were vested and exercisable as of December 22, 2014 and 8,796 of these options would have vested on March 1, 2015.
[F7]These restricted stock units would have vested in equal amounts on January 30 of each of 2015 and 2016.

Documents

1 file

Pike Corp

CIK 0001317577

Entity typeoperating

IncorporatedNC