0001181431-14-013846.txt : 20140324 0001181431-14-013846.hdr.sgml : 20140324 20140324192237 ACCESSION NUMBER: 0001181431-14-013846 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140320 FILED AS OF DATE: 20140324 DATE AS OF CHANGE: 20140324 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MATERIAL SCIENCES CORP CENTRAL INDEX KEY: 0000755003 STANDARD INDUSTRIAL CLASSIFICATION: COATING, ENGRAVING & ALLIED SERVICES [3470] IRS NUMBER: 952673173 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 BUSINESS ADDRESS: STREET 1: 2200 E. PRATT BLVD. CITY: ELK GROVE VILLAGE STATE: IL ZIP: 60007 BUSINESS PHONE: 8474399800 MAIL ADDRESS: STREET 1: 2200 E. PRATT BLVD. CITY: ELK GROVE VILLAGE STATE: IL ZIP: 60007 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: murphy matthew m CENTRAL INDEX KEY: 0001434131 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08803 FILM NUMBER: 14714267 MAIL ADDRESS: STREET 1: C/O MATERIAL SCIENCES CORPORATION STREET 2: 2200 EAST PRATT BOULEVARD CITY: ELK GROVE VILLAGE STATE: IL ZIP: 60007 4 1 rrd406194.xml FORM 4 X0306 4 2014-03-20 1 0000755003 MATERIAL SCIENCES CORP MASC 0001434131 murphy matthew m 2200 E. PRATT BLVD. ELK GROVE VILLAGE IL 60007 0 1 0 0 VP, Sales & Marketing Common Stock 2014-03-20 4 D 0 300 12.75 D 0 I By Spouse Stock Option (right to buy) 8.00 2014-03-20 4 M 0 17974 4.75 D 2018-04-11 Common Stock 17974 0 D Stock Option (right to buy) 2.00 2014-03-20 4 M 0 30000 10.75 D 2017-02-28 Common Stock 30000 0 D Stock Option (right to buy) 7.50 2014-03-20 4 M 0 30000 5.25 D 2018-02-28 Common Stock 30000 0 D Stock Option (right to buy) 8.75 2014-03-20 4 M 0 25000 4.00 D 2019-02-28 Common Stock 25000 0 D Stock Option (right to buy) 10.25 2014-03-20 4 M 0 12500 2.50 D 2020-02-28 Common Stock 12500 0 D Upon completion of the merger between the Issuer and Zink Acquisition Merger Sub Inc., these shares of common stock converted into the right to receive $12.75 per share in cash, without interest and less applicable withholding taxes. This option, which became fully vested on April 11, 2011, was cancelled in the merger between the Issuer and Zink Acquisition Merger Sub Inc. in exchange for a cash payment of $85,376.50, representing the difference between the exercise price of the option and the $12.75 per share consideration payable in the merger. This option, which became fully vested on March 1, 2013, was cancelled in the merger between the Issuer and Zink Acquisition Merger Sub Inc. in exchange for a cash payment of $322,500, representing the difference between the exercise price of the option and the $12.75 per share consideration payable in the merger. This option, which became fully vested on March 1, 2014, was cancelled in the merger between the Issuer and Zink Acquisition Merger Sub Inc. in exchange for a cash payment of $157,500, representing the difference between the exercise price of the option and the $12.75 per share consideration payable in the merger. This option, which would have become fully vested on March 1, 2015, was cancelled in the merger between the Issuer and Zink Acquisition Merger Sub Inc. in exchange for a cash payment of $100,000, representing the difference between the exercise price of the option and the $12.75 per share consideration payable in the merger. This option, which would have become fully vested on March 1, 2016, was cancelled in the merger between the Issuer and Zink Acquisition Merger Sub Inc. in exchange for a cash payment of $31,250, representing the difference between the exercise price of the option and the $12.75 per share consideration payable in the merger. /s/ JAMES D. PAWLAK, CFO, attorney in fact 2014-03-24