4//SEC Filing
BROAD LEE RICHARD 4
Accession 0001437749-19-020391
CIK 0000832488other
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 6:51 PM ET
Size
5.9 KB
Accession
0001437749-19-020391
Insider Transaction Report
Form 4
BROAD LEE RICHARD
Chief Technology Officer
Transactions
- Disposition to Issuer
Common Stock
2019-10-21$12.12/sh−181,481$2,199,550→ 0 total
Footnotes (2)
- [F1]On October 21, 2019, Kerridge Commercial Systems Group Limited, an English private limited company ("Parent") indirectly acquired the Issuer in an all-cash merger pursuant to that certain Agreement and Plan of Merger, dated as of August 30, 2019 (the "Merger Agreement"), among the Issuer, Parent and Chickadee Holdings Inc., a Delaware corporation and indirect wholly owned subsidiary of Parent ("Merger Sub"). In accordance with terms of the Merger Agreement, Merger Sub merged with and into Issuer (the "Merger"), with the Issuer surviving the Merger as an indirect wholly-owned subsidiary of Parent. The Merger is more fully described in the Issuer's information statement filed with the Securities and Exchange Commission on September 30, 2019.
- [F2]Mr. Broad's Form 4 filed on September 6, 2019 reports beneficial ownership of 205,064 shares of common stock. Since the date of that filing, the Issuer retained 23,583 shares of common stock for the purpose of paying withholding taxes on shares of restricted stock that had previously vested. Mr. Broad did not file a Form 4 to reflect the disposition of such 23,583 shares of common stock.
Documents
Issuer
MAM SOFTWARE GROUP, INC.
CIK 0000832488
Entity typeother
Related Parties
1- filerCIK 0001590172
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 6:51 PM ET
- Size
- 5.9 KB