4//SEC Filing
Mennen J Scott 4
Accession 0000892222-20-000061
CIK 0000892222other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 4:00 PM ET
Size
18.4 KB
Accession
0000892222-20-000061
Insider Transaction Report
Form 4
Mennen J Scott
VP, Brewery Operations
Transactions
- Disposition to Issuer
Employee Stock Option
2020-09-30$8.96/sh−3,710$33,242→ 0 totalExercise: $7.54Exp: 2023-05-22→ Common stock (3,710 underlying) - Disposition to Issuer
Employee Stock Option
2020-09-30$3.40/sh−4,316$14,674→ 0 totalExercise: $13.10Exp: 2025-03-13→ Common stock (4,316 underlying) - Disposition to Issuer
Common stock
2020-09-30$16.50/sh−16,446$271,359→ 0 total - Disposition to Issuer
Employee Stock Option
2020-09-30$7.09/sh−7,000$49,630→ 0 totalExercise: $9.41Exp: 2023-07-19→ Common stock (7,000 underlying) - Disposition to Issuer
Restricted Stock Units
2020-09-30−4,756→ 0 total→ Common stock (4,756 underlying) - Disposition to Issuer
Employee Stock Option
2020-09-30$5.80/sh−4,545$26,361→ 0 totalExercise: $10.70Exp: 2024-05-20→ Common stock (4,545 underlying)
Footnotes (6)
- [F1]Cancelled upon the completion of the merger contemplated by the Merger Agreement described under "Remarks" below and converted into the right to receive $16.50 per share in cash, without interest.
- [F2]Upon completion of the merger contemplated by the Merger Agreement, each outstanding restricted stock unit was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive $16.50 in cash.
- [F3]Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $33,241.60, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.
- [F4]Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $49,630, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.
- [F5]Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $26,361, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.
- [F6]Upon completion of the merger contemplated by the Merger Agreement, this option, whether vested or unvested, was converted, as of the time of the first regularly scheduled payroll date that is at least five business days following completion of the merger (or at such later time as is specified in the Merger Agreement), into the right to receive a cash payment of $14,674.40, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.
Documents
Issuer
CRAFT BREW ALLIANCE, INC.
CIK 0000892222
Entity typeother
Related Parties
1- filerCIK 0001595764
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 4:00 PM ET
- Size
- 18.4 KB