4//SEC Filing
Stevens Glenn Henry 4
Accession 0000950103-20-015255
CIK 0001444363other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 5:49 PM ET
Size
16.9 KB
Accession
0000950103-20-015255
Insider Transaction Report
Form 4
Stevens Glenn Henry
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2020-07-31$6.00/sh−117,533$705,198→ 21,000 total - Award
Common Stock
2020-05-24$6.00/sh−19,103$114,618→ 19,103 total - Disposition to Issuer
Common Stock
2020-07-31$6.00/sh−1,699,283$10,195,698→ 138,533 total - Award
Common Stock
2020-07-31$6.00/sh+129,969$779,814→ 129,969 total - Disposition to Issuer
Common Stock
2020-07-31$6.00/sh−129,969$779,814→ 0 total - Disposition to Issuer
Common Stock
2020-07-31$6.00/sh−21,000$126,000→ 0 total - Disposition to Issuer
Common Stock
2020-07-31$6.00/sh−19,103$114,618→ 0 total
Footnotes (8)
- [F1]On July 31, 2020, Gain Capital holdings, Inc. (the "Issuer") and StoneX Group Inc. (f/k/a INTL FCStone Inc.) completed the merger (the "Merger") contemplated by the Agreement and Plan of Merger among the parties thereto, dated as of February 26, 2020 (the "Merger Agreement").
- [F2]Pursuant to the terms of the Merger Agreement, each share of Issuer common stock reported in Table I above was converted into the right to receive $6.00 in cash (the "Merger Consideration").
- [F3]Disposed of pursuant to the terms of the Merger Agreement under which each restricted stock unit ("RSU") that is subject to time-based vesting was canceled in exchange for a cash payment representing a number of shares of common stock subject to such RSU, multiplied by the Merger Consideration.
- [F4]Disposed of pursuant to the terms of the Merger Agreement under which each performance-based RSU ("PRSU") for which the performance period has ended was canceled in exchange for a cash payment representing a number of shares of common stock subject to such PRSU determined based on actual performance during the performance period, multiplied by the Merger Consideration.
- [F5]On September 19, 2018, the reporting person received a compensatory grant of PRSUs for which vesting was dependent on the Issuer's performance. The level of achievement against this operational goal was determined by the Compensation Committee of the Board of Directors, and 65% of the PRSUs is scheduled to vest on the second anniversary of the grant date. The remaining 35% of the PRSUs is scheduled to vest on the third anniversary of the grant date.
- [F6]Disposed of pursuant to the terms of the Merger Agreement under which each PRSU for which the performance period ended was canceled in exchange for a cash payment representing a number of shares of common stock subject to such PRSU determined based on actual performance during the performance period, multiplied by the Merger Consideration.
- [F7]On March 14, 2019, the reporting person received a compensatory grant of PRSUs for which vesting was dependent on the Issuer's performance. Pursuant to the Merger Agreement, such PRSUs for which the performance period has not ended were vested at target performance as of the Merger.
- [F8]Disposed of pursuant to the terms of the Merger Agreement under which each PRSU for which the performance period has not ended was canceled in exchange for a cash payment representing a number of shares of common stock subject to such PRSU determined based on target performance, multiplied by the Merger Consideration.
Documents
Issuer
GAIN Capital Holdings, Inc.
CIK 0001444363
Entity typeother
Related Parties
1- filerCIK 0001472938
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 5:49 PM ET
- Size
- 16.9 KB