4//SEC Filing
Bobrinskoy Charles K 4
Accession 0000899243-20-027272
CIK 0001350381other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 4:50 PM ET
Size
10.4 KB
Accession
0000899243-20-027272
Insider Transaction Report
Form 4
Bobrinskoy Charles K
Director
Transactions
- Disposition to Issuer
Common Stock
2020-10-01−211,262→ 0 total - Disposition to Issuer
Common Stock (Restricted Stock Units)
2020-10-01−38,344→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2020-10-01−11,160→ 0 totalExercise: $8.66Exp: 2021-07-01→ Common Stock (11,160 underlying)
Footnotes (5)
- [F1]Pursuant to an Agreement and Plan of Merger, dated July 15, 2020 (the "Merger Agreement"), by and among HH Global Group Limited, a company registered in England and Wales ("Parent"), HH Finance Group Limited, a company registered in England and Wales ("Parent"), Project Idaho Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub") and InnerWorkings, Inc., a Delaware corporation (the "Registrant"), effective as of the effective time of the merger of Merger Sub with and into the Registrant (the "Merger"), these shares of the Registrant's common stock were canceled and converted into the right to receive $3.00 in cash per share (the "Merger Consideration").
- [F2]Pursuant to the terms of the Merger Agreement, in each case at the Effective Time, these restricted stock units were automatically fully vested and cancelled and, in exchange therefor, the reporting person became entitled to the right to receive an amount in cash equal to the product of (i) the number of shares subject to such restricted stock unit award multiplied by (ii) the Merger Consideration, reduced by the amount of any withholding taxes.
- [F3]Restricted stock units granted on June 9, 2020 that were to vest on June 9, 2021.
- [F4]Pursuant to the terms of the Merger Agreement, in each case at the Effective Time, these stock options were automatically fully vested and cancelled and, in exchange therefor, the reporting person became entitled to the right to receive an amount in cash equal to the product of (i) the total number of shares subject to such stock option multiplied by (ii) the excess, if any, of (A) the Merger Consideration over (B) the exercise price per share of such stock option, reduced by the amount of any withholding taxes.
- [F5]Represents option for 11,160 shares granted on July 1, 2011.
Documents
Issuer
INNERWORKINGS INC
CIK 0001350381
Entity typeother
Related Parties
1- filerCIK 0001444467
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 4:50 PM ET
- Size
- 10.4 KB