Home/Filings/4/0000892222-20-000070
4//SEC Filing

Smith Edwin A 4

Accession 0000892222-20-000070

CIK 0000892222other

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 4:03 PM ET

Size

13.1 KB

Accession

0000892222-20-000070

Insider Transaction Report

Form 4
Period: 2020-09-30
Smith Edwin A
Principal Accounting Officer
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2020-09-303,6920 total
    Common stock (3,692 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2020-09-30$8.81/sh4,800$42,2880 total
    Exercise: $7.69Exp: 2026-05-18Common stock (4,800 underlying)
  • Disposition to Issuer

    Common stock

    2020-09-30$16.50/sh2,106$34,7490 total
  • Disposition to Issuer

    Employee Stock Option

    2020-09-30$6.10/sh3,029$18,4770 total
    Exercise: $10.40Exp: 2025-07-29Common stock (3,029 underlying)
Footnotes (4)
  • [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 $42,288, 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 $18,476.90, representing the difference between $16.50 and the exercise price of the option, multiplied by the number of shares subject to the option.

Issuer

CRAFT BREW ALLIANCE, INC.

CIK 0000892222

Entity typeother

Related Parties

1
  • filerCIK 0001698320

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 4:03 PM ET
Size
13.1 KB