Bunge Terrence W. 4
4 · MGC DIAGNOSTICS Corp · Filed Dec 29, 2017
Insider Transaction Report
Form 4
Bunge Terrence W.
Director
Transactions
- Disposition to Issuer
Stock Option (Right-to-Buy)
2017-12-28$3.51/sh−20,000$70,200→ 0 totalExercise: $7.52→ Common Stock (20,000 underlying) - Disposition to Issuer
Restricted Stock Grants
2017-12-28$11.03/sh−3,591$39,609→ 0 totalExercise: $8.91→ Common Stock (3,591 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2017-12-28$4.26/sh−33,333$141,999→ 0 totalExercise: $6.77→ Common Stock (33,333 underlying) - Disposition from Tender
Common Stock
2017-12-28$11.03/sh−99,154$1,093,669→ 0 total
Footnotes (3)
- [F1]This option, which provided for vesting in three equal installments beginning December 15, 2017 and ending December 15, 2019 was cancelled in connection with the merger agreement between issuer, MGC Parent LLC and AC Breathe Merger Sub Inc. in exchange for a cash payout of $70,200.
- [F2]This option vested fully on February 2, 2016 and was cancelled in connection with the merger agreement between issuer, MGC Parent LLC and AC Breathe Merger Sub Inc. in exchange for a cash payout of $141,999.
- [F3]The restricted stock was to vest on the earlier of March 22, 2018 or the date of the company's 2018 Annual Meeting of Shareholders. It was cancelled pursuant to the merger agreement between issuer, MGC Parent LLC and AC Breathe Merger Sub Inc. in exchange for a cash payout of $39,609.