0001018332-11-000019.txt : 20110727 0001018332-11-000019.hdr.sgml : 20110727 20110727104459 ACCESSION NUMBER: 0001018332-11-000019 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110725 FILED AS OF DATE: 20110727 DATE AS OF CHANGE: 20110727 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NESSEN PETER CENTRAL INDEX KEY: 0001219424 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33002 FILM NUMBER: 11989119 MAIL ADDRESS: STREET 1: NESSEN ASSOC. STREET 2: 1 EXETER PLAZA CITY: BOSTON STATE: MA ZIP: 02116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: L-1 IDENTITY SOLUTIONS, INC. CENTRAL INDEX KEY: 0001018332 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 043320515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 177 BROAD STREET CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 203-504-1100 MAIL ADDRESS: STREET 1: 177 BROAD STREET CITY: STAMFORD STATE: CT ZIP: 06901 FORMER COMPANY: FORMER CONFORMED NAME: VIISAGE TECHNOLOGY INC DATE OF NAME CHANGE: 19960708 4 1 edgar.xml PRIMARY DOCUMENT X0303 4 2011-07-25 1 0001018332 L-1 IDENTITY SOLUTIONS, INC. ID 0001219424 NESSEN PETER C/O L-1 IDENTITY SOLUTIONS, INC. 177 BROAD STREET, 12TH FLOOR STAMFORD CT 06901 1 0 0 0 Common Stock, par value $0.001 per share 2011-07-25 4 D 0 41596 12.00 D 0 D Employee Stock Options (right to buy) 9.52 2011-07-25 4 D 0 4000 2.48 D 2013-02-18 Common Stock, par value $0.001 per share 4000 0 D Employee Stock Options (right to buy) 11.85 2011-07-25 4 D 0 4000 .15 D 2015-03-08 Common Stock, par value $0.001 per share 4000 0 D On July 25, 2011, L-1 Identity Solutions, Inc., a Delaware corporation (the "Issuer"), was acquired (the "Merger") pursuant to that certain Agreement and Plan of Merger, dated as of September 19, 2010 (the "Merger Agreement"), by and among the Issuer, Safran SA, a french societe anonyme ("Parent"), and Laser Aquisition Sub Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"). In connection with the Merger, all shares of the Issuer's common stock, par value $0.001 per share ("Common Stock"), held by the Reporting Person at the effective time of the Merger (the "Effective Time") were exchanged for merger consideration consisting of $12.00 in cash per share of Common Stock, subject to applicable withholding amounts, as described in the Merger Agreement. These options to purchase 4,000 shares of Common Stock were fully vested. As of the Effective Time, each option was cancelled in the Merger in exchange for a cash payment of $2.48 ($9,900 in the aggregate), representing the difference between the exercise price of the options ($9.52 per share) and the merger consideration ($12.00 per share), subject to applicable tax withholding amounts. Any other stock options held by the Reporting Person were cancelled as of the Effective Time for no value. These options to purchase 4,000 shares of Common Stock were fully vested. As of the Effective Time, each option was cancelled in the Merger in exchange for a cash payment of $0.15 ($600 in the aggregate), representing the difference between the exercise price of the options ($11.85 per share) and the merger consideration ($12.00 per share), subject to applicable tax withholding amounts. Any other stock options held by the Reporting Person were cancelled as of the Effective Time for no value. Peter Nessen 2011-07-27