0001127602-11-017987.txt : 20110601
0001127602-11-017987.hdr.sgml : 20110601
20110601091554
ACCESSION NUMBER: 0001127602-11-017987
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110531
FILED AS OF DATE: 20110601
DATE AS OF CHANGE: 20110601
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REIGEL DONALD E JR
CENTRAL INDEX KEY: 0001421165
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16231
FILM NUMBER: 11883730
MAIL ADDRESS:
STREET 1: 1095 S PITKIN AVE
CITY: SUPERIOR
STATE: CO
ZIP: 80027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: XETA TECHNOLOGIES INC
CENTRAL INDEX KEY: 0000742550
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661]
IRS NUMBER: 731130045
STATE OF INCORPORATION: OK
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 1814 WEST TACOMA
CITY: BROKEN ARROW
STATE: OK
ZIP: 74012
BUSINESS PHONE: 9186648200
MAIL ADDRESS:
STREET 1: 1814 WEST TACOMA
CITY: BROKEN ARROW
STATE: OK
ZIP: 74012
FORMER COMPANY:
FORMER CONFORMED NAME: XETA CORP
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
PRIMARY DOCUMENT
X0303
4
2011-05-31
1
0000742550
XETA TECHNOLOGIES INC
XETA
0001421165
REIGEL DONALD E JR
1095 S PITKIN AVE
SUPERIOR
CO
80027
1
Executive Director-Avaya Sales
Common Stock
2011-05-31
4
D
0
117878
5.50
D
0
D
Xeta Stock Fund in 401k Plan
2011-05-31
4
D
0
8465
5.50
D
0
I
Stock in 401k Plan
Stock Options (Right to Buy)
2.90
2011-05-31
4
D
0
15000
D
2016-12-27
Common Stock
0
15000
D
Stock Options (Right to Buy)
2.95
2011-05-31
4
D
0
30000
D
2009-10-19
2011-10-19
Common Stock
0
0
D
Stock Options (Right to Buy)
2.54
2011-05-31
4
D
0
11338
D
2015-10-16
Common Stock
0
0
D
Stock Options (Right to Buy)
1.77
2011-05-31
4
D
0
15000
D
2014-12-18
Common Stock
0
0
D
Disposed of pursuant to Agreement and Plan of Merger, dated February 8, 2011, by and among XETA Technologies, Inc., PAETEC Holding Corp. and Hera Corparation; each share has been converted into the right to receive $5.50 per share (the Merger Consideration")
50% of the total number of shares covered by such option vested on the effective date of the merger May 31, 2011; the remaining 50% of the shares covered by such option were forfeited upon cancellation of the option.
Each vested option was cancelled and converted into the right to receive a cash per share payment equal to the product of (i) the excess of the Merger Consideration over the applicable exercise price of such option and (ii) the number of shares of the Company's common stock issuable upon exercise of the option less any applicable withholding taxes.
Represents the equivalent number of shares held as units for the reporting person's account by the Company's 401k retirement plan.
50% of the total number of shares covered by such option vested pursuant to its terms on October 16, 2010; on the effective date of the merger, May 31, 2011, the remaining 50% of the shares covered by such option vested.
Option vested in full on the effective date of the merger May 31, 2011.
Donald E. Reigel Jr.
2011-05-31