CVENT INC 4
4 · CVENT INC · Filed Dec 1, 2016
Insider Transaction Report
Form 4
CVENT INCCVT
Samuelson Lawrence
Secretary and General Counsel
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-11-29−16,591→ 0 totalExercise: $27.84Exp: 2024-12-31→ Common Stock (16,591 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-11-29−19,965→ 0 totalExercise: $21.73Exp: 2026-04-06→ Common Stock (19,965 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-11-29−37,500→ 0 totalExercise: $12.00Exp: 2023-06-17→ Common Stock (37,500 underlying) - Disposition to Issuer
Common Stock
2016-11-29−16,403→ 0 total
Footnotes (2)
- [F1]Consists entirely of unvested Restricted Stock Units ("Unvested RSUs"). Pursuant to that certain Agreement and Plan of Merger, dated April 17, 2016, between the Issuer, Papay Holdco, LLC ("Parent") and Papay Merger Sub, Inc. (the "Merger Agreement"), of these Unvested RSUs, (x) the Unvested RSUs that were scheduled to vest before April 1, 2017 were cancelled in the merger in exchange for a cash payment of $36.00 per unit; (y) the Unvested RSUs that were scheduled to vest between April 1, 2017 and December 31, 2017 will vest pursuant to their existing vesting schedules and will be entitled to receive a cash payment of $36.00 per unit on their applicable vesting dates; and (z) the Unvested RSUs that were schedule to vest on or after January 1, 2018 will vest on January 1, 2018 and will receive a cash payment of $36.00 per unit on such date. These transactions were exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
- [F2]Pursuant to the Merger Agreement, this employee stock option was cancelled in exchange for a cash amount equal to the difference between $36.00 per share and the exercise price per share of the option, less applicable withholding taxes. This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.