0001179110-11-013670.txt : 20110928
0001179110-11-013670.hdr.sgml : 20110928
20110928172237
ACCESSION NUMBER: 0001179110-11-013670
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110928
FILED AS OF DATE: 20110928
DATE AS OF CHANGE: 20110928
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Romenesko Stuart R
CENTRAL INDEX KEY: 0001349414
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-51838
FILM NUMBER: 111112952
MAIL ADDRESS:
STREET 1: 15452 BOULDER POINTE RD
CITY: EDEN PRAIRIE
STATE: MN
ZIP: 55347
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GLOBAL TRAFFIC NETWORK, INC.
CENTRAL INDEX KEY: 0001344907
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS BUSINESS SERVICES [7380]
IRS NUMBER: 331117834
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 880 THIRD AVENUE, 6TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 212-896-1255
MAIL ADDRESS:
STREET 1: 880 THIRD AVENUE, 6TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
edgar.xml
FORM 4 -
X0304
4
2011-09-28
1
0001344907
GLOBAL TRAFFIC NETWORK, INC.
GNET
0001349414
Romenesko Stuart R
15452 BOULDER POINTE ROAD
EDEN PRAIRIE
MN
55347
1
0
0
0
Common stock
2011-09-28
4
U
0
29999
D
0
D
Stock Option (right to buy)
4.1
2011-09-28
4
U
0
50000
D
2017-02-14
Common Stock
50000
0
D
Represents unvested shares of restricted stock that were converted into the right to receive $14.00 per share in cash (without interest and less any required withholding taxes), in accordance with the terms and conditions of the Agreement and Plan of Merger, dated August 2, 2011 (the "Merger Agreement"), a copy of which was filed with the SEC on August 3, 2011.
16,667 shares vested on each 2/14/08 and 2/14/09; 16,666 shares vested on 2/14/10.
These stock options were canceled in exchange for the right to receive a cash payment (without interest and less any required withholding taxes) for each such option equal to the excess of $14.00 over the per-share exercise price of such option multiplied by the number of shares underlying such stock option in accordance with the terms and conditions of the Merger Agreement.
/s/ Stuart R. Romenesko
2011-09-28