0001204348-18-000004.txt : 20180501 0001204348-18-000004.hdr.sgml : 20180501 20180501105418 ACCESSION NUMBER: 0001204348-18-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180430 FILED AS OF DATE: 20180501 DATE AS OF CHANGE: 20180501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LE HUNG D CENTRAL INDEX KEY: 0001204348 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25244 FILM NUMBER: 18793831 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 0001204348 LE HUNG D C/O TRANS WORLD CORPORATION 545 FIFTH AVENUE, SUITE 940 NEW YORK NY 10017 0 1 0 0 CFO Common Stock 2018-04-30 2018-04-30 4 D 0 800 4.1886 D 0 D Options 0.5486 2018-04-30 2018-04-30 4 D 0 60000 0.5486 D 2016-06-02 2021-06-02 Commmon Stock 60000 0 D On June 2, 2016, pursuant to the Company's 2014 Equity Incentive Plan, Mr. Le was granted five-year options to purchase 60,000 shares of common stock, par value $0.001 per share, that vest in four equal parts, with the options to acquire 15,000 shares vesting immediately upon the date of grant, and options to acquire 15,000 shares vesting subsequently upon each anniversary of the grant date. On each anniversary of the grant date, the exercise price increased by four percent (4%). As a result of consummation of the Agreement and Plan of Merger among Trans World Corporation, FEC Overseas Investment (UK) Limited, and FEC Investment (US) Limited and Far East Consortium International Limited, all unvested options vested on April 30, 2018, were cancelled and those options whose exercise price was below $4.1886 per share (the "Per Share Merger Consideration") were paid the difference between the exercise price and the Per Share Merger Consideration, without interest and subject to any withholding taxes. Hung Le 2018-05-01