MUIR WILLIAM D JR 4
4 · ELECTRONICS FOR IMAGING INC · Filed Jul 23, 2019
Insider Transaction Report
Form 4
MUIR WILLIAM D JR
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2019-07-23+240,775→ 240,775 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-07-23−240,775→ 0 total→ Common Stock (240,775 underlying) - Disposition to Issuer
Common Stock
2019-07-23−240,775→ 0 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represented the right to receive, upon vesting of the unit, one share of the issuer's common stock. Pursuant to the Agreement and Plan of Merger by and among East Private Holdings II, LLC, East Merger Sub, Inc., and Electronics for Imaging, Inc., dated as of April 14, 2019 (the "Merger Agreement" and the transaction contemplated therein, the "Merger"), each of these RSUs was automatically cancelled and converted into the right to receive an amount in cash equal to $37.00 (the "Merger Consideration"). As provided in the Merger Agreement, the right to receive the Merger Consideration as to these RSUs remained subject to time-based and, in certain cases, performance-based vesting requirements following the Merger.
- [F2]These shares were disposed of pursuant to the Merger Agreement, whereby each share of the issuer's common stock was automatically cancelled and converted into the right to receive the Merger Consideration.