SEC Form 4 · accession 0001209191-16-109011

LOJACK CORP · LOJN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr VP& GM-US Sales & Marketing

Period of report

Mar 15, 2016

Accepted (ET)

Mar 17, 2016 · 8:53 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000355777

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 15, 2016	U	73,079	$6.45	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F2	$3.07	Mar 15, 2016	J	26,315	D	—	Jan 16, 2020	Common Stock	26,315	26,315	D
Employee Stock Option (right to buy)^F2	$3.46	Mar 15, 2016	J	17,037	D	—	May 6, 2020	Common Stock	17,037	17,037	D
Employee Stock Option (right to buy)^F2	$5.65	Mar 15, 2016	J	11,317	D	—	May 28, 2021	Common Stock	11,317	11,317	D
Employee Stock Option (right to buy)^F2	$2.45	Mar 15, 2016	J	18,900	D	—	Feb 23, 2022	Common Stock	18,900	18,900	D
Employee Stock Option (right to buy)^F2	$3.54	Mar 15, 2016	J	4,000	D	—	Aug 14, 2022	Common Stock	4,000	4,000	D

F1Represents shares of common stock of LoJack Corporation ("LoJack")tendered into the tender offer commenced by CalAmp Corp. pursuant to that certain Agreement and Plan of Merger, dated as of February 1, 2016, by and among LoJack, CalAmp Corp. and Lexus Acquisition Sub, Inc. (the "Merger Agreement") in exchange for cash consideration of $6.45 per share as provided by the Merger Agreement.
F2Pursuant to the terms of the Merger Agreement, this option was cancelled by LoJack as of the Acceptance Time in exchange for a cash payment equal to the number of shares of LoJack common stock subject to the option multiplied by the difference between $6.45 and the exercise price of the option, less any applicable withholding taxes.