Imprivata Inc 4

Accession 0000899243-16-029326

CIK 0001328015operating

View on SEC.gov Company Profile

Filed

Sep 19, 8:00 PM ET

Accepted

Sep 20, 6:31 AM ET

Size

24.0 KB

Accession

0000899243-16-029326

Insider Transaction Report

Form 4

Period: 2016-09-16

Imprivata IncIMPR

Hussain Omar

DirectorPresident and CEO

Transactions

Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.33/sh−69,892$1,211,228→ 0 total
Exercise: $1.92From: 2016-09-16Exp: 2021-09-30→ Common Stock (69,892 underlying)
Disposition to Issuer
Common Stock
2016-09-16−160,276→ 0 total
Disposition from Tender
Non-Qualified Stock Option
2016-09-16$5.70/sh−314,100$1,790,370→ 0 total
Exercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (314,100 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−8,680$67,096→ 0 total
Exercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (8,680 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.85/sh−66,666$1,189,988→ 0 total
Exercise: $1.40From: 2016-09-16Exp: 2021-09-30→ Common Stock (66,666 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$11.27/sh−90,000$1,014,300→ 0 total
Exercise: $7.98From: 2016-09-16Exp: 2021-09-30→ Common Stock (90,000 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.85/sh−19,395$346,201→ 0 total
Exercise: $1.40From: 2016-09-16Exp: 2021-09-30→ Common Stock (19,395 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$5.70/sh−36,900$210,330→ 0 total
Exercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (36,900 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−366,320$2,831,654→ 0 total
Exercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (366,320 underlying)

Footnotes (5)

[F1]Disposed of pursuant to the Agreement and Plan of Merger between the Issuer, Project Brady Merger Sub, Inc. and Project Brady Holdings, LLC (the "Merger Agreement"), whereby, at the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of the Issuer's common stock were converted into the right to receive $19.25 per share in cash and when so converted, automatically cancelled.
[F2]Pursuant to the terms of the Agreement and Plan of Merger by and among Imprivata, Inc., Project Brady Merger Sub, Inc., and Project Brady Holdings, LLC, dated July 13, 2016, each unvested Company Common Stock Option shall immediately vest and become exercisable immediately prior to the Closing. At the Effective Time, each Company Common Stock Option having a per share exercise price less than $19.25 shall be cancelled for the right to receive in cash an amount per share equal to $19.25 less the exercise price.
[F3]Options held under 2014 Incentive Stock Option Agreement.
[F4]Options held under Imprivata's 2014 Non-Qualified Stock Option plan.
[F5]Options held under Imprivata's 2002 Non-Qualified Stock Option plan for employees.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Imprivata Inc

CIK 0001328015

→

Entity typeoperating

Related Parties

filerCIK 0001328015

Filing Metadata

Form type: 4
Filed: Sep 19, 8:00 PM ET
Accepted: Sep 20, 6:31 AM ET
Size: 24.0 KB

View on SEC.gov