4//SEC Filing
DeGroote John S 4
Accession 0001209191-09-059140
CIK 0001113247other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 11:31 AM ET
Size
10.8 KB
Accession
0001209191-09-059140
Insider Transaction Report
Form 4
BEARINGPOINT INCBGPTQ
DeGroote John S
President
Transactions
- Other
Common Stock
2009-12-30−178→ 0 total - Other
Restricted Stock Units
2009-12-30−58→ 0 totalExercise: $0.00Exp: 2009-12-30→ Common Stock (58 underlying) - Other
Restricted Stock Units
2009-12-30−188→ 0 totalExercise: $0.00Exp: 2009-12-30→ Common Stock (188 underlying)
Footnotes (3)
- [F1]BearingPoint, Inc.'s Modified Second Amended Joint Plan Under Chapter 11 of the Bankruptcy Code, dated December 17, 2009 (the "Plan"), as confirmed by the Bankrutpcy Court for the Southern District of New York on December 22, 2009, became effective on December 30, 2009 (the "Effective Date"). The Plan provides that all equity interests of BearingPoint, Inc. (including all outstanding shares of Common Stock, options, warrants or contractual or other rights to acquire any equity interests) are cancelled and extinguished effective as of the Effective Date and that the holders of such equity interests are not entitled to, and shall not receive or retain, any property or interest in property in respect of such equity interests. As such, on December 30, 2009, the equity interests reflected on this Form 4 were cancelled and extinguished for no consideration.
- [F2]On September 25, 2006, Mr. DeGroote was granted an award of 116 restricted stock units ("RSUs"). 29 shares were issued to Mr. DeGroote in December 2007 and 29 shares were issued in August 2008 in partial settlement of such grant. The remainder of the grant was scheduled to settle in two equal installments on December 31 in each of 2009 and 2010.
- [F3]On September 25, 2006, Mr. DeGroote was granted an award of 188 RSUs. The grant was scheduled to settle in four equal installments on December 31 in each of 2009, 2010, 2011 and 2012.
Documents
Issuer
BEARINGPOINT INC
CIK 0001113247
Entity typeother
Related Parties
1- filerCIK 0001479709
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 11:31 AM ET
- Size
- 10.8 KB