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