Filing Details

Accession Number:
0001437749-15-004574
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-10 09:32:26
Reporting Period:
2015-03-09
Filing Date:
2015-03-10
Accepted Time:
2015-03-10 09:32:26
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
1577924 Soren Kjellin C/O Chyronhego Corp.
5 Hub Drive
Melville NY 11747
Cto No Yes 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 2015-03-09 1,210,855 $0.00 0 No 4 J Indirect By Maxflyt
Common Stock Disposition 2015-03-09 1,201,348 $2.82 0 No 4 S Indirect By Maxflyt
Common Stock Disposition 2015-03-09 9,508 $2.82 0 No 4 S Direct
Common Stock Disposition 2015-03-09 1,100 $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 Maxflyt
No 4 S Indirect By Maxflyt
No 4 S Direct
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 85,000 $0.10 85,000 $2.72
Common Stock Stock Option Disposition 2015-03-09 21,250 $0.65 21,250 $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
  1. Shares held by Maxflyt AB, an entity solely owned and controlled by Mr. Kjellin.
  2. 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.
  3. Vested over three years from grant date, which is one year prior to the exercisable date.
  4. Under the Merger Agreement, vesting is accelerated for all unvested shares as of the closing date.
  5. The price equals $2.82 (the merger consideration) less the exercise price.