0001140361-13-044291.txt : 20131126
0001140361-13-044291.hdr.sgml : 20131126
20131126194046
ACCESSION NUMBER: 0001140361-13-044291
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131122
FILED AS OF DATE: 20131126
DATE AS OF CHANGE: 20131126
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NATIONAL TECHNICAL SYSTEMS INC /CA/
CENTRAL INDEX KEY: 0000110536
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TESTING LABORATORIES [8734]
IRS NUMBER: 954134955
STATE OF INCORPORATION: CA
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 24007 VENTURA BLVD
CITY: CALABASAS
STATE: CA
ZIP: 91302
BUSINESS PHONE: 8185910776
MAIL ADDRESS:
STREET 1: 24007 VENTURA BLVD
CITY: CALABASAS
STATE: CA
ZIP: 91302
FORMER COMPANY:
FORMER CONFORMED NAME: NATIONAL TECHNICAL SYSTEMS /DE/
DATE OF NAME CHANGE: 19880218
FORMER COMPANY:
FORMER CONFORMED NAME: NATIONAL TECHNICAL SERVICES INC
DATE OF NAME CHANGE: 19810712
FORMER COMPANY:
FORMER CONFORMED NAME: LINCOLN FUND INC
DATE OF NAME CHANGE: 19760315
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: EL HILLOW MICHAEL
CENTRAL INDEX KEY: 0001228899
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34882
FILM NUMBER: 131245457
MAIL ADDRESS:
STREET 1: 24007 VENTURA BLVD., STE 200
CITY: CALABASAS
STATE: CA
ZIP: 91302
4
1
doc1.xml
FORM 4
X0306
4
2013-11-22
0
0000110536
NATIONAL TECHNICAL SYSTEMS INC /CA/
NTSC
0001228899
EL HILLOW MICHAEL
C/O NATIONAL TECHNICAL SYSTEMS, INC.
24007 VENTURA BLVD., SUITE 200
CALABASAS
CA
91302
0
1
0
0
CHIEF FINANCIAL OFFICER
Phantom Stock Appreciation Rights
7.50
2013-11-22
4
D
0
125000
D
2013-11-27
Common Stock
125000
0
D
In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of August 15, 2013, between National Technical Systems, Inc. (the "Company"), Nest Parent, Inc. and Nest Merger Sub, Inc., each vested phantom stock appreciation right was canceled and converted into the right to receive a cash payment representing the amount, if any, by which $23.00 exceeded the applicable grant price per phantom stock appreciation right. On October 23, 2012, the compensation committee of the Company's board of directors exercised its discretion to accelerate the vesting of all phantom stock appreciation rights in connection with a change of control occurring before October 23, 2014. Accordingly, all outstanding and unvested phantom stock appreciation rights vested upon the consummation of the transactions contemplated by the Merger Agreement and were cancelled in exchange for the aforementioned consideration.
/s/ Michael El Hillow
2013-11-25