SEC Form 4 · accession 0001328319-17-000020
LIONBRIDGE TECHNOLOGIES INC /DE/ · LIOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc E Litz
Officer — CFO
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 3:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058299
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1 | Feb 28, 2017 | F | 37,131 | $5.75 | D | 105,486 | D | |
| common stockF2 | Feb 28, 2017 | D | 105,486 | $5.75 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Remittance of shares to cover tax obligation due to acceleration under the Agreement and Plan of Merger of previously reported restricted common stock and long-term incentive performance restricted common stock.
- F2Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 12, 2016, by and among Lionbridge Technologies, Inc. ("Lionbridge") and entities affiliated with H.I.G. Capital, LLC (the "Merger Agreement"). The Merger Agreement provides that each share of Lionbridge common stock and each outstanding restricted stock unit shall be converted into the right to receive $5.75 in cash, without interest (the "Merger").