4//SEC Filing
XURA, INC. 4
Accession 0000899243-16-027742
CIK 0001549872operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 4:28 PM ET
Size
8.0 KB
Accession
0000899243-16-027742
Insider Transaction Report
Form 4
XURA, INC.MESG
Tartavull Philippe
DirectorPresident, CEO and Director
Transactions
- Disposition to Issuer
Stock option (right to buy)
2016-08-19$4.32/sh−165,125$713,340→ 0 totalExercise: $20.68Exp: 2025-06-26→ Common stock (165,125 underlying) - Disposition to Issuer
Common Stock
2016-08-19$25.00/sh−155,745$3,893,625→ 0 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 23, 2016, by and among Sierra Private Holdings II, LLC, a UK company ("Parent"), Sierra Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and Xura, Inc. (the "Company"), on August 19, 2016 (the "Effective Date"), Merger Sub merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent.
- [F2]Pursuant to the terms of the Merger Agreement, on the Effective Date, each outstanding share of the Company's common stock was converted into the right to receive a cash payment of $25.00 (the "Merger Consideration").
- [F3]Pursuant to the terms of the Merger Agreement, on the Effective Date, this option was canceled in exchange for the right to receive a cash payment equal to the product of the Merger Consideration less the applicable exercise price per share and the number of shares of common stock subject to such cancelled option.
Documents
Issuer
XURA, INC.
CIK 0001549872
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001549872
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 4:28 PM ET
- Size
- 8.0 KB