FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
GeoEye, Inc. [ GEOY ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/31/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | 01/31/2013 | D | 219,127 | D | (1) | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
Employee Stock Option (Right to Buy) | $6.5 | 01/31/2013 | D | 45,307 | (2) | 09/23/2014 | Common Stock | 45,307 | (2) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $18 | 01/31/2013 | D | 44,379 | (3) | 04/12/2015 | Common Stock | 44,379 | (3) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $24.5 | 01/31/2013 | D | 24,135 | (4) | 08/26/2016 | Common Stock | 24,135 | (4) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $19.52 | 01/31/2013 | D | 20,126 | (5) | 03/11/2017 | Common Stock | 20,126 | (5) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $25.04 | 01/31/2013 | D | 34,856 | (6) | 03/09/2011 | Common Stock | 34,856 | (6) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $41.3 | 01/31/2013 | D | 45,665 | (7) | 03/08/2019 | Common Stock | 45,665 | (7) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $22.48 | 01/31/2013 | D | 55,339 | (8) | 04/18/2020 | Common Stock | 55,339 | (8) | 0 | D | ||||
Restricted Stock Units | $0.00 | 01/31/2013 | D | 18,768 | (9) | 01/31/2013 | Common Stock(9) | 18,768 | (10) | 0 | D | ||||
Performance Stock Units | $0.00 | 01/31/2013 | D | 17,092 | (11) | 01/31/2013 | Common Stock(11) | 17,092 | (10) | 0 | D |
Explanation of Responses: |
1. Pursuant to the terms of an Agreement and Plan of Merger, dated as of July 22, 2012, as amended ("Merger"), between DigitalGlobe, Inc. ("DigitalGlobe"), GeoEye, Inc., and the parties named therein, Issuer common stockholders had the right to elect to receive consideration of either: (i) 1.137 shares of DigitalGlobe common stock and $4.10 per share in cash, (ii) 100% of the consideration in cash ($20.27) or (iii) 100% of the consideration in stock (1.425 shares of DigitalGlobe common stock), for each share of Issuer common stock they own, with the amount of cash and stock subject to proration as set forth in the merger agreement. Assumes that the shares of Issuer common stock owned by the Reporting Person were exchanged for 1.425 shares of DigitalGlobe common stock upon consummation of the merger. |
2. This option, which is fully vested, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 64,562 shares of DigitalGlobe common stock for $4.56 per share. |
3. Represents two options granted on April 12, 2001, both of which are fully vested. Options were assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 63,239 shares of DigitalGlobe common stock for $12.63 per share. |
4. This option, which is fully vested, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 34,392 shares of DigitalGlobe common stock for $17.19 per share. |
5. This option, which provided for vesting in four equal annual installments beginning March 12, 2010, and which accelerates in the event of a change-in-control, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 28,679 shares of DigitalGlobe common stock for $13.70 per share. |
6. This option, which provided for vesting in four equal annual installments beginning March 9, 2011, and which accelerates in the event of a change-in-control, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 49,669 shares of DigitalGlobe common stock for $17.57 per share. |
7. This option, which provided for vesting in four equal annual installments beginning March 8, 2012, and which accelerates in the event of a change-in-control, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 65,072 shares of DigitalGlobe common stock for $28.98 per share. |
8. This option, which provided for vesting in four equal annual installments beginning April 18, 2013, and which accelerates in the event of a change-in-control, was assumed by DigitalGlobe in the Merger and replaced with an option to acquire up to 78,858 shares of DigitalGlobe common stock for $15.78 per share. |
9. The Restricted Stock Unit ("RSU") was granted under the Issuer's 2010 Omnibus Incentive Plan and will accelerate at change-in-control. The RSU will vest at 143%, based on the achievement of certain financial performance criteria for fiscal years ending December 31, 2011 and 2012. The Reporting Person will acquire 30,514 shares of DigitalGlobe after taking into effect the conversion of the RSU at the mixed consideration rate of 1.137 shares of DigitalGlobe common stock and $4.10 per share in cash. |
10. Each RSU and PSU represents the contingent right to receive one share of DigitalGlobe common stock. |
11. The Performance Stock Unit ("PSU") was granted under the Issuer's 2010 Omnibus Incentive Plan and will accelrate at change-in-control. The Reporting Person will acquire the right to receive 19,433 shares of DigitalGlobe common stock, after taking into effect the conversion of the PSU at the mixed consideration rate of 1.137 shares of DigitalGlobe common stock and $4.10 per share in cash. |
Remarks: |
/s/ Kathleen Guerere, attorney-in-fact | 02/04/2013 | |
** 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 Number. |