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4//SEC Filing

CVENT INC 4

Accession 0000899243-16-034758

CIK 0001122897operating
View on SEC.govCompany Profile

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 8:46 PM ET

Size

32.1 KB

Accession

0000899243-16-034758

Insider Transaction Report

Form 4
Period: 2016-11-17
CVENT INCCVT
Aggarwal Rajeev K.
DirectorChief Executive Officer
Transactions
  • Other

    Common Stock

    2016-11-29$36.00/sh−229,167$8,250,012→ 906,404 total(indirect: See Footnote)
  • Gift

    Common Stock

    2016-11-17−1,331,975→ 0 total(indirect: See Footnote)
  • Gift

    Common Stock

    2016-11-22−332,994→ 2,134,552 total(indirect: See Footnote)
  • Gift

    Common Stock

    2016-11-22−332,994→ 1,468,564 total(indirect: See Footnote)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-11-29−173,148→ 0 total
    Exercise: $21.73Exp: 2026-04-06→ Common Stock (173,148 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-11-29−51,912→ 0 total
    Exercise: $32.43Exp: 2025-10-15→ Common Stock (51,912 underlying)
  • Other

    Common Stock

    2016-11-29$36.00/sh−229,167$8,250,012→ 1,758,861 total
  • Gift

    Common Stock

    2016-11-17+1,331,975→ 2,467,546 total(indirect: See Footnote)
  • Disposition to Issuer

    Common Stock

    2016-11-29−1,758,861→ 0 total
  • Disposition to Issuer

    Common Stock

    2016-11-29−906,404→ 0 total(indirect: See Footnote)
  • Gift

    Common Stock

    2016-11-22−332,993→ 1,135,571 total(indirect: See Footnote)
  • Gift

    Common Stock

    2016-11-22−332,994→ 1,801,558 total(indirect: See Footnote)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2016-11-29−150,115→ 0 total
    Exercise: $27.84Exp: 2024-12-31→ Common Stock (150,115 underlying)
Footnotes (13)
  • [F1]These shares were transferred via a bona fide gift transaction by the Reggie Aggarwal Grantor Retained Annuity Trust (2011) to the Reggie and Dharini Aggarwal Family Trust (2011), for which the Reggie Aggarwal Grantor Retained Annuity Trust (2011) did not receive any value or consideration.
  • [F10]The common stock was disposed of pursuant to the Merger Agreement in exchange for a cash payment of $36.00 per share. This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
  • [F11]Pursuant to a Rollover Contribution Agreement, by and between Parent and the Reggie and Dharini Aggarwal Family Trust (2011), the Reggie and Dharini Aggarwal Family Trust (2011) contributed these shares of common stock to Parent in exchange for a number of Parent's limited partnership interests calculated pursuant to the Rollover Contribution Agreement, effective as of the Effective Time, at a value of $36.00 per share. This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
  • [F12]Disposed of pursuant to the Merger Agreement in exchange for a cash payment of $36.00 per share. This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
  • [F13]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.
  • [F2]The shares were held directly by the Reggie Aggarwal Grantor Retained Annuity Trust (2011), for which the Reporting Person serves as trustee.
  • [F3]The shares are held directly by the Reggie and Dharini Aggarwal Family Trust (2011), for which the Reporting Person is not a trustee. The Reporting Person disclaims beneficial ownership of the shares held by said Trust, and this report should not be deemed an admission that the Reporting Person was the beneficial owner of said Trust's shares for purposes of Section 16 or for any other purpose.
  • [F4]These shares were transferred via a bona fide gift transaction by the Reggie and Dharini Aggarwal Family Trust (2011) to the Anya Aggarwal Family Trust (2016), for which the Reggie and Dharini Aggarwal Family Trust (2011) did not receive any value or consideration.
  • [F5]These shares were transferred via a bona fide gift transaction by the Reggie and Dharini Aggarwal Family Trust (2011) to the Kavya Aggarwal Family Trust (2016), for which the Reggie and Dharini Aggarwal Family Trust (2011) did not receive any value or consideration.
  • [F6]These shares were transferred via a bona fide gift transaction by the Reggie and Dharini Aggarwal Family Trust (2011) to the Rohan Veer Aggarwal Family Trust (2016), for which the Reggie and Dharini Aggarwal Family Trust (2011) did not receive any value or consideration.
  • [F7]These shares were transferred via a bona fide gift transaction by the Reggie and Dharini Aggarwal Family Trust (2011) to the Reggie and Dharini Aggarwal Family Trust (2016), for which the Reggie and Dharini Aggarwal Family Trust (2011) did not receive any value or consideration.
  • [F8]Pursuant to a Rollover Contribution Agreement ("Rollover Contribution Agreement"), by and between Papay Holdco, LLC ("Parent") and the Reporting Person, the Reporting Person contributed these shares common stock to Parent in exchange for a number of Parent's limited partnership interests calculated pursuant to the Rollover Contribution Agreement, effective as of the Effective Time (as defined in the Merger Agreement), at a value of $36.00 per share. This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
  • [F9]Includes 147,612 unvested Restricted Stock Units ("Unvested RSUs"). Pursuant to that certain Agreement and Plan of Merger, dated April 17, 2016, between the Issuer, 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.

Documents

1 file

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, 8:46 PM ET
Size
32.1 KB
View on SEC.gov