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