0000899243-16-030447.txt : 20160930 0000899243-16-030447.hdr.sgml : 20160930 20160930173124 ACCESSION NUMBER: 0000899243-16-030447 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20160930 DATE AS OF CHANGE: 20160930 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EPIQ SYSTEMS INC CENTRAL INDEX KEY: 0001027207 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 481056429 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 501 KANSAS AVENUE CITY: KANSAS CITY STATE: KS ZIP: 66105-1309 BUSINESS PHONE: 9136219500 MAIL ADDRESS: STREET 1: 501 KANSAS AVENUE CITY: KANSAS CITY STATE: KS ZIP: 66105-1309 FORMER COMPANY: FORMER CONFORMED NAME: ELECTRONIC PROCESSING INC DATE OF NAME CHANGE: 19961116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SATTERLEE W BRYAN CENTRAL INDEX KEY: 0001032028 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36633 FILM NUMBER: 161913797 BUSINESS ADDRESS: BUSINESS PHONE: 9133216392 MAIL ADDRESS: STREET 1: ELECTRONIC PROCESSING INC STREET 2: 501 KANSAS AVENUE CITY: KANSAS CITY STATE: KS ZIP: 66105 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-09-30 1 0001027207 EPIQ SYSTEMS INC EPIQ 0001032028 SATTERLEE W BRYAN 501 KANSAS AVE KANSAS CITY KS 66105 1 0 0 0 Common Stock 2016-09-30 4 D 0 44653 16.50 D 5000 D Common Stock 2016-09-30 4 D 0 5000 16.50 D 0 D Non-Qualified Stock Option (right to buy) 11.86 2016-09-30 4 D 0 15000 4.64 D 2017-01-24 Common Stock 15000 0 D Non-Qualified Stock Option (right to buy) 14.70 2016-09-30 4 D 0 10000 1.80 D 2018-02-04 Common Stock 10000 0 D Non-Qualified Stock Option (right to buy) 14.49 2016-09-30 4 D 0 10000 2.01 D 2019-02-23 Common Stock 10000 0 D Non-Qualified Stock Option (right to buy) 11.67 2016-09-30 4 D 0 10000 4.83 D 2020-02-25 Common Stock 10000 0 D Non-Qualified Stock Option (right to buy) 13.39 2016-09-30 4 D 0 10000 3.11 D 2021-02-10 Common Stock 10000 0 D Non-Qualified Stock Option (right to buy) 11.85 2016-09-30 4 D 0 10000 4.65 D 2022-02-14 Common Stock 10000 0 D Pursuant to the Agreement and Plan of Merger by and among Epiq Systems, Inc., Document Technologies, LLC and DTI Merger Sub, Inc. (the "Merger Agreement"), these shares were canceled and converted into the right to receive $16.50 per share in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"). Pursuant to the Merger Agreement, these shares of unvested restricted stock became fully vested at the effective time of the merger and were canceled and converted into the right to receive the Merger Consideration. Represents an exercisable option, which vested in five equal annual installments commencing on January 24, 2008. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.64 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents an exercisable option, which vested in five equal annual installments commencing on February 4, 2009. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $1.80 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents an exercisable option, which vested in five equal annual installments commencing on February 23, 2010. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $2.01 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents an exercisable option, which vested in five equal installments commencing on February 25, 2011 The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.83 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents an exercisable option, which vested in five equal annual installments commencing on February 10, 2012. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $3.11 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents a partially exercisable option, which vests in five equal annual installments commencing on February 14, 2013. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $4.65 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. /s/ Bryan W. Satterlee 2016-09-30