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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option(right to buy) | $ 4.88 | 08/20/2018 | D | 50,000 (4) | 03/02/2009 | 03/02/2019 | Common Stock | 50,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 6.9 | 08/20/2018 | D | 1,000 (4) | 05/15/2009 | 05/15/2019 | Common Stock | 1,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 6.34 | 08/20/2018 | D | 5,000 (4) | 05/14/2010 | 05/14/2020 | Common Stock | 5,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 6.27 | 08/20/2018 | D | 5,000 (4) | 05/20/2011 | 05/20/2021 | Common Stock | 5,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 7.7 | 08/20/2018 | D | 5,000 (4) | 05/18/2012 | 05/18/2022 | Common Stock | 5,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 3.8 | 08/20/2018 | D | 10,000 (4) | 05/17/2013 | 05/17/2023 | Common Stock | 10,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 4.99 | 08/20/2018 | D | 10,000 (4) | 05/16/2014 | 05/16/2024 | Common Stock | 10,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 6.13 | 08/20/2018 | D | 10,000 (4) | 05/15/2015 | 05/15/2025 | Common Stock | 10,000 | $ 0 | 0 | D | ||||
Stock Option(right to buy) | $ 3.57 | 08/20/2018 | D | 10,000 (4) | 05/13/2016 | 05/13/2026 | Common Stock | 10,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MULLEN DAVID B 200 W. MADISON, SUITE 3100 CHICAGO, IL 60606 |
X | CFO |
/s/ David Mullen | 08/20/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Per the terms of the Agreement and Plan of Merger, dated 4/25/18, among the Issuer, NICE Systems, Inc., NICE Acquisition Sub, Inc., and NICE Ltd. (the "Agreement") and the Offer (as defined in the Agreement), each share of the Issuer's common stock was tendered for $2.70 per share in cash, without interest and less any required withholding taxes. |
(2) | This is a disposition of shares to comply with Section 280G of the Internal Revenue Code of 1986, as amended. |
(3) | This is a disposition of shares to the Issuer pursuant to the terms of a pre-existing award agreement and equity incentive plan and was approved in advance in the manner provided in Rule 16b-3(e) of the Securities Exchange Act of 1934. |
(4) | Disposed of per Section 2. 7( e) of the Agreement, whereby each option with an exercise price greater than $2.70 per share that was outstanding immediately prior to the Offer Closing (as defined in the Agreement) was cancelled without consideration. |