0001204348-18-000001.txt : 20180430 0001204348-18-000001.hdr.sgml : 20180430 20180430160911 ACCESSION NUMBER: 0001204348-18-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180430 FILED AS OF DATE: 20180430 DATE AS OF CHANGE: 20180430 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bennett Patrick John SR CENTRAL INDEX KEY: 0001576138 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25244 FILM NUMBER: 18789755 BUSINESS ADDRESS: BUSINESS PHONE: 410.527.0207 MAIL ADDRESS: STREET 1: 11508 HUNTERS RUN DRIVE CITY: COCKEYSVILLE STATE: MD ZIP: 21030 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD CORP CENTRAL INDEX KEY: 0000914577 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 133738518 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 545 FIFTH AVE STREET 2: STE 940 CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129833355 MAIL ADDRESS: STREET 1: 545 FIFTH AVE STREET 2: STE 940 CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TRANS WORLD GAMING CORP DATE OF NAME CHANGE: 19941027 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2018-04-30 1 0000914577 TRANS WORLD CORP twoc 0001576138 Bennett Patrick John SR 7 KILLALA COURT TIMONIUM MD 21093 1 0 0 0 Common Stock 2018-04-30 2018-04-30 4 D 0 5000 4.1886 D 0 D Options 2.9744 2018-04-30 2018-04-30 4 D 0 10000 1.2142 D 2015-04-15 2020-04-15 Common Stock 10000 0 D Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated as of March 2, 2018 by and among FEC Overseas Investment (UK) Limited, FEC Investment (US) Limited, Trans World Corporation and, solely for limited purposes therein, Far East Consortium International Limited in exchange for $4.1886 for each share of common stock of the issuer held by the reporting person. On April 15, 2015,, the Reporting Person was granted five-year non-qualified stock options ("NQSQs") to purchase 10,000 shares of the Issuer's common stock, $.001 per share ("Common Stock"). These NQSQs provided for vesting in four equal parts, with the first part vested immediately, and another part to vest upon the anniversary of the grant date, and so on. On each anniversary of the grant date, the exercise price increased by four percent (4%). Cancelled pursuant to the Merger Agreement in exchange for a lump sum cash payment (less any applicable withholding) equal to the product of the number of shares of common stock subject to the option multiplied by the excess, if any, of $4.1886 over the exercise price per share of common stock under such option. Hung Le 2018-04-30