Apigee Corp 4
4 · Apigee Corp · Filed Nov 15, 2016
Insider Transaction Report
Form 4
Apigee CorpAPIC
COREY BOB L
Director
Transactions
- Disposition to Issuer
Common Stock
2016-11-10−3,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2016-11-10−19,000→ 0 totalExercise: $8.20Exp: 2026-01-13→ Common Stock (19,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2016-11-10−31,052→ 0 totalExercise: $0.69Exp: 2022-02-13→ Common Stock (31,052 underlying)
Footnotes (4)
- [F1]The reported shares are represented by restricted stock units, or RSUs. Pursuant to the merger agreement between the Issuer and Google Inc. dated September 7, 2016 (the "Merger Agreement") and immediately prior to the effective time of the merger, all of the RSUs vested and were settled in shares of Issuer common stock.
- [F2]At the effective time of the merger, each share of Issuer common stock was cancelled in exchange for a cash payment of $17.40 per share.
- [F3]The option, which was fully vested and immediately exercisable, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between $17.40 and the per share exercise price of the option, multiplied by (y) the number of cancelled option shares.
- [F4]The option, which provided for vesting of all of the shares underlying the option on January 13, 2017, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between $17.40 and the per share exercise price of the option, multiplied by (y) the number of cancelled option shares.