Filing Details
- Accession Number:
- 0001437749-15-004570
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-10 09:28:48
- Reporting Period:
- 2015-03-09
- Filing Date:
- 2015-03-10
- Accepted Time:
- 2015-03-10 09:28:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 20232 | Chyronhego Corp | CHYR | Services-Mailing, Reproduction, Commercial Art & Photography (7330) | 112117385 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1577653 | Johan Apel | C/O Chyronhego 5 Hub Drive Melville NY 11747 | President & Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2015-03-09 | 2,605,413 | $0.00 | 0 | No | 4 | J | Indirect | By Westhill Group AB |
| Common Stock | Disposition | 2015-03-09 | 2,639,990 | $2.82 | 0 | No | 4 | S | Indirect | By Westhill Group AB |
| Common Stock | Disposition | 2015-03-09 | 31,804 | $2.82 | 0 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2015-03-09 | 15,000 | $2.82 | 0 | No | 4 | S | Indirect | By Pension Plan |
| Common Stock | Disposition | 2015-03-09 | 6,193 | $2.82 | 0 | No | 4 | S | Indirect | By 401(k) plan |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Indirect | By Westhill Group AB |
| No | 4 | S | Indirect | By Westhill Group AB |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By Pension Plan |
| No | 4 | S | Indirect | By 401(k) plan |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2015-03-09 | 200,000 | $1.20 | 200,000 | $1.62 |
| Common Stock | Stock Option | Disposition | 2015-03-09 | 200,000 | $0.10 | 200,000 | $2.72 |
| Common Stock | Stock Option | Disposition | 2015-03-09 | 300,000 | $0.65 | 300,000 | $2.17 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2014-11-12 | 2015-03-09 | No | 4 | S | Direct |
| 0 | 2015-01-15 | 2015-03-09 | No | 4 | S | Direct |
| 0 | 2015-05-20 | 2015-03-09 | No | 4 | S | Direct |
Footnotes
- Shares held by Westhill Group AB, an entity solely owned and controlled by Mr. Apel.
- Shares valued at $2.82 per share, were contributed to an affiliate of Vector Capital (Purchaser), pursuant to a merger agreement, in exchange for equity in Purchaser.
- Vested over three years from grant date, which is one year prior to the exercisable date.
- Under the Merger Agreement, vesting is accelerated for all unvested shares as of the closing date.
- The price equals $2.82 (the merger consideration) less the exercise price.
Billionaire Hedge Funds
