Filing Details
- Accession Number:
- 0001188112-11-001101
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-04-18 16:44:38
- Reporting Period:
- 2011-04-14
- Filing Date:
- 2011-04-18
- Accepted Time:
- 2011-04-18 16:44:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1283073 | Answers Corp | ANSW | Services-Prepackaged Software (7372) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1177247 | S Lawrence Kramer | C/O Answers Corporation 237 West 35Th Street Suite 1101 New York NY 10001 | Yes | No | No | 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 | 2011-04-14 | 2,500 | $10.50 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 28,700 | $0.00 | 28,700 | $16.93 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 7,175 | $0.00 | 7,175 | $13.78 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 7,175 | $0.00 | 7,175 | $9.65 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 6,726 | $0.00 | 6,726 | $12.62 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 449 | $0.00 | 449 | $12.62 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 4,633 | $0.00 | 4,633 | $5.77 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 2,542 | $0.00 | 2,542 | $5.77 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 2,840 | $0.00 | 2,840 | $7.91 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 4,335 | $0.00 | 4,335 | $7.91 |
Common Stock | Option to Purchase Common Stock | Disposition | 2011-04-14 | 7,175 | $0.00 | 7,175 | $5.71 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2015-05-10 | No | 4 | D | Direct | |
0 | 2015-07-13 | No | 4 | D | Direct | |
0 | 2012-06-21 | No | 4 | D | Direct | |
0 | 2013-06-26 | No | 4 | D | Direct | |
0 | 2013-06-26 | No | 4 | D | Direct | |
0 | 2014-09-09 | No | 4 | D | Direct | |
0 | 2014-09-09 | No | 4 | D | Direct | |
0 | 2015-09-09 | No | 4 | D | Direct | |
0 | 2015-09-09 | No | 4 | D | Direct | |
0 | 2016-09-15 | No | 4 | D | Direct |
Footnotes
- Represents shares of the common stock, par value $0.001 per share ("Common Stock"), of Answers Corporation ("Answers.com").
- Represents vested options to purchase shares of Common Stock (1) which were cancelled upon completion of the merger (the "Merger") in accordance with that certain Agreement and Plan of Merger, dated as of February 2, 2011, among Answers.com, AFCV Holdings, LLC ("AFCV") and A-Team Acquisition Sub, Inc., a Delaware corporation and an indirect wholly-owned subsidiary of AFCV (the "Merger Agreement") in exchange for a cash payment equal to the excess (if any) of (i) the product of (A) the number of shares of Common Stock subject to such vested options multiplied by (B) $10.50 over (ii) the aggregate exercise price of such vested option, without interest and less any deductions and required withholding taxes as specified in the Merger Agreement.
- Represents unvested options to purchase shares of Common Stock immediately prior to the Merger which, pursuant to the Merger Agreement, were accelerated and cancelled upon completion of the Merger in exchange for a cash payment equal to the excess (if any) of (i) the product of (A) the number of shares of Common Stock subject to such unvested options, multiplied by (B) $10.50 over (ii) the aggregate exercise price of such unvested option, without interest and less any deductions and required withholding taxes as specified in the Merger Agreement.