DIGITAL RIVER INC /DE 4
4 · DIGITAL RIVER INC /DE · Filed Feb 17, 2015
Insider Transaction Report
Form 4
Crudden Kevin L
VP and General Counsel
Transactions
- Disposition from Tender
Common Stock
2015-02-12$26.00/sh−168,138$4,371,588→ 0 total
Footnotes (2)
- [F1]Includes 1,105 shares acquired on June 30, 2014 through the Issuer's Employee Stock Purchase Plan and 292 shares acquired on December 31, 2014 through the Issuer's Employee Stock Purchase Plan. Also includes 8,058 additional shares issuesd pursuant to a performance share award granted on February 28, 2013 (the grant was previously reported).
- [F2]Pursuant to the Agreement and Plan of Merger, dated October 23, 2014, by any among Danube Private Holdings II, LLC, Danube Private Acquisition Corp. and Digital River, Inc. ("DRIV") (the "Merger Agreement"), immediately prior to the effective time of the merger, each share of common stock of DRIV issued and outstanding and each share of outstanding unvested restricted stock was cancelled and was converted into the right to receive the per share merger consideration ($26.00 per share). Each performance share award that is outstanding and vested immediately prior to the effective time of the merger was cancelled and was converted into the right to receive the per share merger consideration.