Hahm Derek Y 4
4 · CRAFT BREW ALLIANCE, INC. · Filed Oct 2, 2020
Insider Transaction Report
Form 4
Hahm Derek Y
Vice President, Sales
Transactions
- Disposition to Issuer
Employee Stock Option
2020-09-30$5.80/sh−4,327$25,097→ 0 totalExercise: $10.70Exp: 2024-05-20→ Common stock (4,327 underlying) - Disposition to Issuer
Employee Stock Option
2020-09-30$8.87/sh−4,640$41,157→ 0 totalExercise: $7.63Exp: 2022-05-14→ Common stock (4,640 underlying) - Disposition to Issuer
Common stock
2020-09-30$16.50/sh−6,760$111,540→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-09-30−3,926→ 0 total→ Common stock (3,926 underlying) - Disposition to Issuer
Employee Stock Option
2020-09-30$8.96/sh−5,232$46,879→ 0 totalExercise: $7.54Exp: 2023-05-22→ Common stock (5,232 underlying) - Disposition to Issuer
Employee Stock Option
2020-09-30$3.40/sh−3,902$13,267→ 0 totalExercise: $13.10Exp: 2025-03-13→ Common stock (3,902 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 $41,156.80, 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 $46,878.72, 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 $25,096.60, 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 $13,266.80, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.