4//SEC Filing
EQUITY ONE, INC. 4
Accession 0000899243-17-006213
CIK 0001042810operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:57 PM ET
Size
16.4 KB
Accession
0000899243-17-006213
Insider Transaction Report
Form 4
Lukes David R
Chief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2017-03-01−160,524→ 389,666.148 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2017-03-01$4574000.00/sh+200,000$914,800,000,000→ 315,740.148 total - Award
Common Stock, par value $0.01 per share
2017-03-01+234,450→ 550,190.148 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2017-03-01$1757500.00/sh−200,000$351,500,000,000→ 189,666.148 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2017-03-01−189,666.148→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2017-03-01$1757500.00/sh−200,000$351,500,000,000→ 0 totalExercise: $22.87From: 2017-03-01Exp: 2024-05-12→ Common Stock (200,000 underlying)
Footnotes (6)
- [F1]Represents shares acquired upon the deemed exercise of stock options. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 14, 2016, by and among the Issuer and Regency Centers Corporation ("Regency"), pursuant to which the Issuer merged with and into Regency with Regency surviving the merger (the "Merger"), at the effective time of the Merger, each unvested option vested and each option was converted into the right to receive an amount in cash equal to the excess of (i) (x) the value of a share of Regency common stock as of the last complete trading day prior to the effective time of the Merger, multiplied by (y) 0.45, over (ii) the exercise price. The acquisition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rules 16b-6(b) and 16b-3 promulgated thereunder.
- [F2]Represents shares issued under Issuer's Long-Term Incentive Plan ("LTIP") in connection with the Merger. The acquisition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
- [F3]Represents shares surrendered to the Issuer for the payment of tax obligations arising from the vesting of restricted stock and the issuance of shares under the Issuer's LTIP. The disposition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-3 promulgated thereunder.
- [F4]Represents shares disposed of at the effective time of the Merger. Pursuant to the Merger Agreement, at the effective time of the Merger, each option was converted into the right to receive an amount in cash equal to the excess of (i) (x) the value of a share of Regency common stock as of the last complete trading day prior to the effective time of the Merger, multiplied by (y) 0.45, over (ii) the exercise price.
- [F5]Pursuant to the Merger Agreement, at the effective time of the Merger, each share of the Issuer's common stock, par value $0.01 per share, held by the Reporting Person was converted into the right to receive 0.45 shares of Regency's common stock, par value $0.01.
- [F6]Pursuant to the Merger Agreement, at the effective time of the Merger, each unvested option vested and each option was converted into the right to receive an amount in cash equal to the excess of (i) (x) the value of a share of Regency common stock as of the last complete trading day prior to the effective time of the Merger, multiplied by (y) 0.45, over (ii) the exercise price. The disposition was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16b-6(b) promulgated thereunder.
Documents
Issuer
EQUITY ONE, INC.
CIK 0001042810
Entity typeoperating
Related Parties
1- filerCIK 0001042810
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:57 PM ET
- Size
- 16.4 KB