4//SEC Filing
MASTER STEPHEN P. 4
Accession 0000899243-20-002582
CIK 0001701040other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 5:21 PM ET
Size
7.9 KB
Accession
0000899243-20-002582
Insider Transaction Report
Form 4
CISION LTD.CISN
MASTER STEPHEN P.
Director
Transactions
- Disposition to Issuer
Ordinary Shares
2020-01-31−9,623→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-01-31−20,260→ 0 total→ Ordinary Shares (20,260 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger (the "merger agreement"), dated as of October 22, 2019, by and among Cision Ltd. (the "Company"), Castle Acquisition Limited (f/k/a MJ23 UK Acquisition Limited, "Parent") and Castle Merger Limited ("Merger Sub"), pursuant to which Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation as a wholly owned subsidiary of Parent (the "merger"). The Merger became effective on January 31, 2020 (the "Closing Date"). Pursuant to the merger, each Cision ordinary share issued and outstanding immediately prior to the effective time of the merger was cancelled and exchanged at the effective time of the merger into the right to receive merger consideration of $10.00 in cash.
- [F2]Represents restricted stock units ("RSUs") whose vesting was accelerated upon the effectiveness of the merger at the discretion of the board. Pursuant to the merger agreement, such vested RSUs were cancelled and exchanged for the right to receive the merger consideration of $10.00 in cash.
Documents
Issuer
CISION LTD.
CIK 0001701040
Entity typeother
Related Parties
1- filerCIK 0001710147
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 5:21 PM ET
- Size
- 7.9 KB