0000313716-18-000056.txt : 20180530 0000313716-18-000056.hdr.sgml : 20180530 20180530172221 ACCESSION NUMBER: 0000313716-18-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180525 FILED AS OF DATE: 20180530 DATE AS OF CHANGE: 20180530 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: O'Leary Richard A. CENTRAL INDEX KEY: 0001512729 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34639 FILM NUMBER: 18869177 MAIL ADDRESS: STREET 1: C/O HARDINGE INC. STREET 2: ONE HARDINGE DRIVE CITY: ELMIRA STATE: NY ZIP: 14903 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HARDINGE INC CENTRAL INDEX KEY: 0000313716 STANDARD INDUSTRIAL CLASSIFICATION: MACHINE TOOLS, METAL CUTTING TYPES [3541] IRS NUMBER: 160470200 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE HARDINGE DRIVE CITY: ELMIRA STATE: NY ZIP: 14902 BUSINESS PHONE: 6077342281 MAIL ADDRESS: STREET 1: ONE HARDINGE DRIVE CITY: ELMIRA STATE: NY ZIP: 14902 FORMER COMPANY: FORMER CONFORMED NAME: HARDINGE BROTHERS INC DATE OF NAME CHANGE: 19920703 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2018-05-25 1 0000313716 HARDINGE INC HDNG 0001512729 O'Leary Richard A. C/O HARDINGE INC. ONE HARDINGE DRIVE ELMIRA NY 14903 0 1 0 0 Vice Pres. & Chief HR Officer Stock Option (Right to Buy) 15.4 2018-05-25 4 D 0 15000 3.1 D 2027-10-15 Common Stock 15000 0 D Stock Option (Right to Buy) 15.4 2018-05-25 4 D 0 15000 3.1 D 2027-10-15 Common Stock 15000 0 D On October 16, 2017, the reporting person was granted an option to purchase 15,000 shares of Hardinge Inc. common stock, which option was to vest in two (2) equal annual installments beginning October 16, 2019. On May 25, 2018, the option was cancelled pursuant to a certain Agreement and Plan of Merger, dated as of February 12, 2018, by and among Hardinge Holdings, LLC, Hardinge Merger Sub, Inc., and Hardinge Inc. (hereinafter referred to as the "Merger Agreement"). Upon cancellation of the option, the reporting person received a cash payment of $46,500, representing the difference between the market value of the underlying Hardinge Inc. common stock as of the date of cancellation ($18.50 per share) and the exercise price of the option. On October 16, 2017, the reporting person was granted an option to purchase 15,000 shares of Hardinge Inc. common stock, which option was to vest upon the completion of certain milestones associated with the economic performance of the issuer over a three year period beginning on the grant date. On May 25, 2018, the option was cancelled pursuant to the Merger Agreement, whereupon the reporting person received a cash payment of $46,500, representing the difference between the market value of the underlying Hardinge Inc. common stock as of said date ($18.50 per share) and the exercise price of the option. John R. Alexander, as Attorney-in-Fact, pursuant to a Power of Attorney dated October 17, 2017 2018-05-30