0001144204-12-002880.txt : 20120118 0001144204-12-002880.hdr.sgml : 20120118 20120118203412 ACCESSION NUMBER: 0001144204-12-002880 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120113 FILED AS OF DATE: 20120118 DATE AS OF CHANGE: 20120118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gallagher Michael CENTRAL INDEX KEY: 0001509449 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09389 FILM NUMBER: 12533404 MAIL ADDRESS: STREET 1: 1400 UNION MEETING ROAD CITY: BLUE BELL STATE: PA ZIP: 19422 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: C&D TECHNOLOGIES INC CENTRAL INDEX KEY: 0000808064 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 133314599 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 1400 UNION MEETING ROAD STREET 2: PO BOX 3053 CITY: BLUE BELL STATE: PA ZIP: 19422 BUSINESS PHONE: 2156192700 MAIL ADDRESS: STREET 1: 1400 UNION MEETING ROAD STREET 2: PO BOX 3053 CITY: BLUE BELL STATE: PA ZIP: 19422 4 1 v245656_form4.xml OWNERSHIP DOCUMENT X0304 4 2012-01-13 0 0000808064 C&D TECHNOLOGIES INC CHHP.PK 0001509449 Gallagher Michael C/O C&D TECHNOLOGIES, INC. 1400 UNION MEETING ROAD BLUE BELL, PA 19422 1 0 0 0 Stock Option (right to buy) 8.21 2012-01-13 4 D 0 60560 D 2018-03-15 Common Stock 60560 0 D SEE EXHIBIT 99.1 SEE EXHIBIT 99.1 /s/ David Anderson, as attorney-in-fact for Michael Gallagher 2012-01-18 EX-24 2 v245656_ex24.htm EXHIBIT 24 Unassociated Document
 
POWER OF ATTORNEY

January 13, 2012
 
Each of the undersigned, a Director and/or Executive Officer of C&D Technologies, Inc., a Delaware corporation (the “Company”), hereby authorizes David J. Anderson, the Vice President, General Counsel and Corporate Secretary of the Company, as its attorney-in-fact, to sign on his behalf in his capacity as a Director and/or Executive Offer (and not in such person’s personal individual capacity for personal financial or estate planning), the Statement of Changes in Beneficial Ownership on Form 4 and any other filings pursuant to Section 16 of the Securities Exchange Act of 1934, as amended (and any amendments thereto), required to be filed on behalf of the undersigned in respect of any securities of the Company held by the undersigned, and to file the same, with any exhibits thereto, with the Securities and Exchange Commission.
 

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IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney as of the date first set forth above.
 
Signature
 
Title
   
         
/s/ Jeffrey A. Graves 
 
Director and Executive Officer
   
Jeffrey A. Graves
       
         
/s/ Ian J. Harvie 
 
Executive Officer
   
Ian J. Harvie
       
         
/s/ David L. Treadwell
 
Director
   
David L. Treadwell
       
         
/s/ Todd W. Arden  
Director
   
Todd W. Arden
       
         
/s/ Kevin P. Dowd  
Director
   
Kevin P. Dowd
       
         
/s/ James J. Gaffney  
Director
   
James J. Gaffney
       
         
/s/ Michael Gallagher 
 
Director
   
Michael Gallagher
       
         
/s/ Andrew P. Hines  
Director
   
Andrew P. Hines
       
 
 
 
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EX-99.1 3 v245656_ex99-1.htm EXHIBIT 99.1 Unassociated Document
 
Explanation of Responses:

 
(1)
Pursuant to the Agreement and Plan of Merger, dated as of October 3, 2011, by and among C&D Technologies, Inc., a Delaware corporation (“C&D”), Angel Holdings LLC, a Delaware limited liability company (“Acquiror”), and Angel Acquisition Corp., a Delaware corporation (“Merger Sub”), effective on January 13, 2012, Merger Sub was merged with and into C&D, with C&D continuing as the surviving corporation (the “Merger”).  In connection with the Merger:

 
·
each share of common stock of C&D that was issued and outstanding immediately prior to the effective time of the Merger (the “Shares”) (except for Shares (i) held by stockholders who were entitled to demand and properly demanded appraisal for such Shares under Section 262 of the General Corporation Law of the State of Delaware and (ii) owned by C&D as treasury stock or by Acquiror, Merger Sub, the various Angelo Gordon entities or any wholly owned subsidiary of C&D) were canceled and converted automatically into the right to receive $9.75 in cash, without interest and less any required withholding taxes;

 
·
each option to purchase shares of common stock of C&D under C&D’s equity or incentive plans outstanding immediately prior to the effective time of the Merger (the “Options”), whether or not then vested, was canceled and converted automatically into the right to receive an amount in cash equal to the product of (x) the number of shares of common stock of C&D subject to such Option and (y) the excess, if any, of $9.75 over the exercise price per share of such Option; and

 
·
each stock appreciation right granted by C&D outstanding immediately prior to the effective time of the Merger (the “SARs”), whether or not then vested, was canceled and converted automatically into the right to receive an amount in cash equal to the product of (x) the number of Shares subject to such SAR and (y) the excess, if any, of $9.75 over the exercise price per share of such SAR.

 
(2)
As a result of the Merger, Mr. Gallagher received the right to receive, in cash, $1.54 per share of common stock of C&D subject to each of these Options which were held by Mr. Gallagher immediately prior to the effective time of the Merger (which $1.54 amount represents the excess of the merger consideration of $9.75 per share over the exercise price per share of such Option). All of these options were concurrently canceled.