SEC Form 4 · accession 0000899243-16-019906
CHECKPOINT SYSTEMS INC · CKP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Maurer
Director
Period of report
May 13, 2016
Accepted (ET)
May 13, 2016 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000215419
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 | $5.9725 | May 13, 2016 | D | 10,000 | D | — | Jan 6, 2026 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Pursuant to the procedures set forth in the Merger Agreement, each option vested in full at the Effective Time and was cancelled in exchange for a cash payment equal to the number of shares subject to the option immediately prior to the merger, into the right to receive an amount in cash, without interest, equal to the product of (x) the aggregate number of shares of the Issuer's common stock subject to such option, multiplied by (y) the excess, if any, of the Merger Consideration over the per share exercise price under such option, subject to all applicable withholding taxes. If the amount that could have been obtained upon the exercise of the option pursuant to the foregoing is equal to or less than zero, then the option will be terminated without payment.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney