4//SEC Filing
CVENT INC 4
Accession 0000899243-16-034747
CIK 0001122897operating
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 8:40 PM ET
Size
10.9 KB
Accession
0000899243-16-034747
Insider Transaction Report
Form 4
CVENT INCCVT
RUSSO CYNTHIA A
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-11-29−46,293→ 0 totalExercise: $32.43Exp: 2025-10-15→ Common Stock (46,293 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-11-29−29,150→ 0 totalExercise: $21.73Exp: 2026-04-06→ Common Stock (29,150 underlying) - Disposition to Issuer
Common Stock
2016-11-29−32,508→ 0 total
Footnotes (3)
- [F1]Consists entirely of unvested Restricted Stock Units ("Unvested RSUs"). Of these unvested RSUs, either (1) (a) 8181 Unvested RSUs will be cancelled in exchange for a cash payment of $36.00 per unit and (b) the remaining Unvested RSUs will vest pursuant to the existing vesting schedule contained in the Employment Agreement between the Reporting Person and the Issuer, dated September 3, 2015, and the Reporting Person will be entitled to receive a cash payment of $36.00 per unit on the applicable vesting dates; or (2) 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.
- [F2](Continued from footnote 1) (the "Merger Agreement"), (x) the Unvested RSUs that were scheduled to vest before April 1, 2017 will be 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.
- [F3]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.
Documents
Issuer
CVENT INC
CIK 0001122897
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001122897
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 8:40 PM ET
- Size
- 10.9 KB