0001127602-11-018143.txt : 20110601
0001127602-11-018143.hdr.sgml : 20110601
20110601170309
ACCESSION NUMBER: 0001127602-11-018143
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: WAGNER ROBERT B
CENTRAL INDEX KEY: 0001227547
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16231
FILM NUMBER: 11885859
MAIL ADDRESS:
STREET 1: 1814 W. TACOMA
CITY: BROKEN ARROW
STATE: OK
ZIP: 74012
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
0001227547
WAGNER ROBERT B
1814 W. TACOMA
BROKEN ARROW
OK
74012
1
Chief Financial Officer
Common Stock
2011-05-31
4
D
0
4400
5.50
D
0
I
By Minor Children
Common Stock
2011-05-31
4
D
0
7630
5.50
D
0
I
401k Plan
Common Stock
2011-05-31
4
D
0
22420
5.50
D
0
D
Common Stock
2011-05-31
4
D
0
15124
5.50
D
0
D
Stock Options (Right to Buy)
1.77
2011-05-31
4
D
0
25000
D
2015-12-18
Common Stock
0
0
D
Stock Options (Right to Buy)
2.54
2011-05-31
4
D
0
55549
D
2015-10-16
Common Stock
0
0
D
Stock Options (Right to Buy)
2.90
2011-05-31
4
D
0
25000
D
2016-12-28
Common Stock
0
25000
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")
Represents the equivalent number of shares held as units for the reporting person's account by the Company's 401k retirement plan.
Option vested in full on the effective date of the merger May 31, 2011.
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.
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.
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.
Robert B. Wagner
2011-05-31