SAND BENNO G 4
4 · SAJAN INC · Filed Jul 19, 2017
Insider Transaction Report
Form 4
SAJAN INCSAJA
SAND BENNO G
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−250→ 0 totalExercise: $2.88Exp: 2018-12-11→ Common Stock (250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−1,250→ 0 totalExercise: $3.20Exp: 2023-06-13→ Common Stock (1,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−2,500→ 0 totalExercise: $4.50Exp: 2026-06-10→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−2,500→ 0 totalExercise: $5.40Exp: 2024-06-13→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−250→ 0 totalExercise: $5.20Exp: 2019-10-26→ Common Stock (250 underlying) - Expiration
Stock Option (Right to Buy)
2017-07-19−250→ 0 totalExercise: $21.40Exp: 2017-10-26→ Common Stock (250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−1,250→ 0 totalExercise: $5.60Exp: 2020-06-11→ Common Stock (1,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−1,250→ 0 totalExercise: $3.80Exp: 2022-06-06→ Common Stock (1,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2019-07-19−1,250→ 0 totalExercise: $5.20Exp: 2021-06-08→ Common Stock (1,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-07-19−2,500→ 0 totalExercise: $5.81Exp: 2025-06-12→ Common Stock (2,500 underlying)
Footnotes (1)
- [F1]Pursuant to the Merger Agreement, each unvested stock option became fully vested and exercisable immediately prior to the effective time of the merger. Each stock option that was outstanding and unexercised as of the effective time of the merger and had an exercise price per share that was less than $5.83 was then cancelled and converted into the right to receive a cash payment equal to $5.83 minus the exercise price, multiplied by the number of shares issuable upon exercise of such stock option, less any required withholding of taxes.