0001213900-24-060232.txt : 20240709
0001213900-24-060232.hdr.sgml : 20240709
20240709195711
ACCESSION NUMBER: 0001213900-24-060232
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: Guttilla John C
CENTRAL INDEX KEY: 0001331687
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41376
FILM NUMBER: 241108454
MAIL ADDRESS:
STREET 1: C/O ORCHIDS PAPER PRODUCTS COMPANY
STREET 2: 4826 HUNT STREET
CITY: PRYOR
STATE: OK
ZIP: 74361
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
0001331687
Guttilla John C
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
42188
10.22
D
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