We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Plato Learning (MM) | NASDAQ:TUTR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.58 | 0 | 01:00:00 |
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5 |
|
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person
*
Riera Vincent |
2. Issuer Name
and
Ticker or Trading Symbol
PLATO LEARNING INC [ TUTR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__ X __ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) President & CEO |
10801 NESBITT AVENUE SOUTH |
3. Date of Earliest Transaction
(MM/DD/YYYY)
|
|
BLOOMINGTON, MN 55437-3109 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
||||||||||
1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 5/25/2010 | D | 90044 | D | $5.6 (1) | 0.0772 | D |
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
|||||||||||||||
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $1.02 | 5/25/2010 | D | 255000 | (2) | 12/11/2016 | Common Stock | 255000 | $4.58 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $2.96 | 5/25/2010 | D | 42800 | (3) | 3/26/2016 | Common Stock | 42800 | $2.64 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $4.55 | 5/25/2010 | D | 100000 | (4) | 4/16/2015 | Common Stock | 100000 | $1.05 | 0 | D | ||||
Performance Shares | (5) | 5/25/2010 | D | 5700 | (5) | (5) | Common Stock | 5700 | $5.6 | 122400 | D | ||||
Performance Shares | (6) | 5/25/2010 | D | 122400 | (6) | (6) | Common Stock | 122400 | $5.6 | 0 | D | ||||
Stock Appreciation Rights | $5 | 5/25/2010 | D | 49000 | (7) | 12/18/2017 | Common Stock | 49000 | $0.6 | 0 | D |
Explanation of Responses: | |
( 1) | Disposed of pursuant to merger agreement between issuer and Project Porsche Holdings Corporation and Project Porsche Merger Corp. in exchange for a cash payment of $5.60 per share on the effective date of the merger. |
( 2) | The option, which provided for vesting in three equal annual installments beginning on December 11, 2009 was canceled pursuant to the merger agreement in exchange for a cash payment representing the difference between the exercise price of the option and $5.60 per share on the effective date of the merger. |
( 3) | The option, which provided for vesting in three equal installments beginning on December 10, 2008 was canceled pursuant to the merger agreement in exchange for a cash payment representing the difference between the exercise price of the option and $5.60 per share on the effective date of the merger. |
( 4) | The option, which provided for vesting in four equal annual installments beginning on April 16, 2008 was canceled pursuant to the merger agreement in exchange for a cash payment representing the difference between the exercise price of the option and $5.60 per share on the effective date of the merger. |
( 5) | The performance shares represent the remaining one-third of an award that provided for vesting on December 10, 2010, and were canceled pursuant to the merger agreement in exchange for a cash payment of $5.60 per share. |
( 6) | The performance shares represent the remaining two-thirds of an award that provided for vesting in two equal annual installments on December 17, 2010 and December 17, 2011, and were canceled pursuant to the merger agreement in exchange for a cash payment of $5.60 per share. |
( 7) | The stock appreciation right, which provided for vesting in three equal annual installments beginning on December 18, 2010, was canceled pursuant to the merger agreement in exchange for a cash payment representing the difference between the exercise price of the stock appreciation right and $5.60 per share on the effective date of the merger. |
Reporting Owners
|
|||||
Reporting Owner Name / Address |
|
||||
Director | 10% Owner | Officer | Other | ||
Riera Vincent
10801 NESBITT AVENUE SOUTH BLOOMINGTON, MN 55437-3109 |
X |
|
President & CEO |
|
Signatures
|
||
By: Kelly Jacobus For: Vincent Riera | 5/25/2010 | |
** Signature of Reporting Person |
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1 Year Plato Learning (MM) Chart |
1 Month Plato Learning (MM) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions