0001213900-24-060235.txt : 20240709 0001213900-24-060235.hdr.sgml : 20240709 20240709195928 ACCESSION NUMBER: 0001213900-24-060235 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240705 FILED AS OF DATE: 20240709 DATE AS OF CHANGE: 20240709 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BRAVMAN RICHARD CENTRAL INDEX KEY: 0001185752 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41376 FILM NUMBER: 241108459 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DecisionPoint Systems, Inc. CENTRAL INDEX KEY: 0001505611 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 371644635 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1615 SOUTH CONGRESS AVENUE STREET 2: SUITE 103 CITY: DELRAY BEACH STATE: FL ZIP: 33445 BUSINESS PHONE: (561) 900-3723 MAIL ADDRESS: STREET 1: 1615 SOUTH CONGRESS AVENUE STREET 2: SUITE 103 CITY: DELRAY BEACH STATE: FL ZIP: 33445 FORMER COMPANY: FORMER CONFORMED NAME: Comamtech Inc. DATE OF NAME CHANGE: 20101112 4 1 ownership.xml X0508 4 2024-07-05 1 0001505611 DecisionPoint Systems, Inc. DPSI 0001185752 BRAVMAN RICHARD C/O DECISIONPOINT SYSTEMS, INC. 1615 SOUTH CONGRESS AVENUE, SUITE 103 DELRAY BEACH FL 33445 0 0 0 1 Former Director 0 Common Stock 2024-07-05 4 D 0 15410 10.22 D 0 D Stock Option (Right to Buy) 1.58 2024-07-05 4 D 0 5000 8.64 D 2025-01-19 Common Stock 5000 0 D Stock Option (Right to Buy) 4.06 2024-07-05 4 D 0 6000 6.16 D 2026-11-14 Common Stock 6000 0 D Stock Option (Right to Buy) 9.28 2024-07-05 4 D 0 6000 0.94 D 2026-12-31 Common Stock 6000 0 D Stock Option (Right to Buy) 7.76 2024-07-05 4 D 0 6000 2.46 D 2027-12-31 Common Stock 6000 0 D Stock Option (Right to Buy) 6.47 2024-07-05 4 D 0 6000 3.75 D 2029-01-16 Common Stock 6000 0 D Pursuant to that certain Agreement and Plan of Merger, dated as of April 30, 2024, by and among DecisionPoint Systems, Inc. (the "Company"), Barcoding Derby Buyer, Inc. ("Parent"), and Derby Merger Sub, Inc. ("MergerCo"), MergerCo merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of the Company's common stock that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $10.22 per share in cash (the "Merger Consideration"), without interest and subject to any applicable tax withholdings. Pursuant to the Merger Agreement, at the Effective Time, all outstanding stock options held by the reporting person were cancelled and automatically converted into the right to receive the product of (a) the aggregate number of shares of the Company's common stock subject to the options, multiplied by (b) the excess, if any, of the Merger Consideration over such option's applicable per share exercise price, subject to any required tax withholdings. /s/ Melinda Wohl by Power of Attorney 2024-07-09