4//SEC Filing
Demandware Inc 4
Accession 0000899243-16-024870
CIK 0001301031operating
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 2:44 PM ET
Size
9.5 KB
Accession
0000899243-16-024870
Insider Transaction Report
Form 4
Demandware IncDWRE
Saxena Jitendra S
Director
Transactions
- Disposition from Tender
Common Stock
2016-07-11$75.00/sh−12,847$963,525→ 4,720 total - Disposition to Issuer
Common Stock
2016-07-11−4,720→ 0 total - Disposition to Issuer
Nonstatutory Stock Option (right to purchase)
2016-07-11−61,106→ 0 totalExercise: $1.47Exp: 2020-07-29→ Common Stock (61,106 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 31, 2016, by and among Demandware, Inc., a Delaware corporation, salesforce.com, inc. a Delaware corporation and Dynasty Acquisition Corp., a wholly-owned subsidiary of salesforce.com, inc. and a Delaware corporation (the "Merger Agreement"), these shares were tendered and disposed of at the Effective Time (all terms capitalized but not defined shall have the meaning given to them in the Merger Agreement) in exchange for the right to receive $75.00 per share, net to the seller in cash, without interest, less any required withholding taxes.
- [F2]After giving effect to the Merger Agreement, each share of restricted stock was forfeited.
- [F3]This option is fully vested and exercisable.
- [F4]After giving effect to the Merger Agreement, each outstanding and unexercised stock option was canceled and converted into the right to receive $75.00 per share minus the exercise price, net to the seller in cash, without interest, less any required withholding taxes.
Documents
Issuer
Demandware Inc
CIK 0001301031
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001301031
Filing Metadata
- Form type
- 4
- Filed
- Jul 10, 8:00 PM ET
- Accepted
- Jul 11, 2:44 PM ET
- Size
- 9.5 KB