SEC Form 4 · accession 0001144204-17-047621
Cyalume Technologies Holdings, Inc. · CYLU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Settembrino
Officer — Chief Financial Officer
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 3:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001335293
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $0.09 | Sep 8, 2017 | D | 50,000 | D | Feb 15, 2015 | Nov 21, 2024 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to buy)F3,F2 | $0.10 | Sep 8, 2017 | D | 500,000 | D | — | Nov 21, 2024 | Common Stock | 500,000 | 0 | D |
Explanation of responses
- F1This option was cancelled in the merger effected pursuant to the Agreement and Plan of Merger, dated as of August 8, 2017 (the "Merger Agreement"), among the Issuer, CPS Performance Materials Merger Sub Corp. and CPS Performance Materials Corp., in exchange for a cash payment of $6,192, representing the difference between the per share exercise price of the option and the Common Per Share Merger Consideration (as such term is defined in the Merger Agreement) of $0.213837 per share.
- F2This option award was granted on December 13, 2016 and vested in five equal annual installments beginning on October 28, 2017.
- F3This option was cancelled in the Merger in exchange for a cash payment of $56,919, representing the difference between the per share exercise price of the option and the Common Per Share Merger Consideration (as such term is defined in the Merger Agreement) of $0.213837 per share.