4//SEC Filing
KEMPER ALEXANDER C 4
Accession 0000950138-21-000263
CIK 0001065332other
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 3:45 PM ET
Size
8.4 KB
Accession
0000950138-21-000263
Insider Transaction Report
Form 4
NIC INCEGOV
KEMPER ALEXANDER C
Director
Transactions
- Disposition to Issuer
Common Stock (Restricted Stock)
2021-04-21$34.00/sh−4,182$142,188→ 0 total - Disposition to Issuer
Common Stock
2021-04-21$34.00/sh−59,290$2,015,860→ 0 total
Holdings
- 0(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Pursuant to an Agreement and Plan of Merger, dated as of February 9, 2021 (the "Merger Agreement"), by and among NIC Inc., a Delaware corporation ( "Issuer"), Tyler Technologies, Inc. a Delaware corporation ("Parent") and Topos Acquisition, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into Issuer, with Issuer continuing as the surviving corporation in the merger as a wholly-owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the merger, these shares of Issuer common stock were cancelled and converted into the right to receive $34.00 in cash per share (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, immediately prior to the effective time of the merger, each outstanding Issuer restricted stock award held by the Reporting Person became fully vested and at the effective time of the merger was converted into the right to receive the Merger Consideration.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger, 10,000 shares of Issuer common stock indirectly owned by Mr. Kemper through the 2012 Alexander Charles Kemper Family Irrevocable Trust for which Mr. Kemper's spouse is the Trustee, were cancelled and converted into the right to receive the Merger Consideration.
Documents
Issuer
NIC INC
CIK 0001065332
Entity typeother
Related Parties
1- filerCIK 0001229108
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 3:45 PM ET
- Size
- 8.4 KB