Filing Details

Accession Number:
0001104659-20-038901
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-26 17:17:20
Reporting Period:
2020-03-26
Accepted Time:
2020-03-26 17:17:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
276283 Evans & Sutherland Computer Corp ESCC Miscellaneous Electrical Machinery, Equipment & Supplies (3690) 870278175
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
929212 T Stephen Winn 4143 Maple Avenue, Suite 400
Dallas TX 75219
No No Yes No
1802886 Elevate Acquisition Corp 4143 Maple Avenue, Suite 400
Dallas TX 75219
No No Yes No
1802887 Elevate Entertainment Inc. 4143 Maple Avenue, Suite 400
Dallas TX 75219
No No Yes No
1804145 Elevate Entertainment Holdings Inc. 4143 Maple Avenue, Suite 400
Dallas TX 75219
No No Yes No
1804559 Mirasol Capital, Llc 4143 Maple Avenue, Suite 400
Dallas TX 75219
No No Yes 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, Par Value $0.20 Acquisiton 2020-03-26 10,576,487 $1.19 10,576,487 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. In connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of February 9, 2020, by and among Evans & Sutherland Computer Corporation (the "Issuer"), Elevate Entertainment Inc. and Elevate Acquisition Corporation ("Purchaser"), Purchaser offered to purchase all of the issued and outstanding shares of common stock, par value, $0.20 per share (the "Shares"), of the Issuer, at a purchase price of $1.19 per Share net to the seller in cash, without interest thereon and subject to any applicable tax withholding (the "Offer Price"), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 27, 2020 (the "Offer to Purchase"), and in the related Letter of Transmittal (which, together with the Offer to Purchase, as they may be amended or supplemented from time to time, collectively constitute the "Offer").
  2. The Offer and withdrawal rights expired as scheduled at 12:00 midnight, Eastern Time, at the end of the day on March 25, 2020, without being extended (the "Expiration Time"). The conditions to the Offer were satisfied at the Expiration Time and, as a result, Purchaser has accepted for payment all Shares that were validly tendered and not properly withdrawn pursuant to the Offer.