0001204348-18-000005.txt : 20180501 0001204348-18-000005.hdr.sgml : 20180501 20180501165530 ACCESSION NUMBER: 0001204348-18-000005 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: Brodsky Michael CENTRAL INDEX KEY: 0001403388 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25244 FILM NUMBER: 18796244 MAIL ADDRESS: STREET 1: C/O NEW WORLD OPPORTUNITY PARTNERS I LLC STREET 2: 1603 ORRINGTON AVE, STE 1600 CITY: EVANSTON STATE: IL ZIP: 60201 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 0001403388 Brodsky Michael C/O NEW WORLD OPPORTUNITY PARTNERS I LLC 1603 ORRINGTON AVE, STE 1600 EVANSTON IL 60201 1 0 0 0 Options 2.9744 2018-04-30 4 D 0 10000 1.2142 D 2015-04-15 2020-04-15 Common Stock 10000 0 D On April 15, 2015, the Reporting Person was granted five-year (5) non-qualified stock options ("NQSOs") to purchase 10,000 shares of the Issuer's common stock, $0.001 par value ("Common Stock"). These NQSOs provided for vesting in four equal parts, with the first part vested immediately upon the date of grant, and another part to vest upon the first anniversary of the grant date, another part to vest upon the second 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 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 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, of any, of $4.1886 over the exercise price per share of Common Stock under such option. Michael Brodsky 2018-05-01