4//SEC Filing
SAPIENT CORP 4
Accession 0001008817-15-000019
CIK 0001008817operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 9:21 PM ET
Size
12.6 KB
Accession
0001008817-15-000019
Insider Transaction Report
Form 4
SAPIENT CORPSAPE
BENSON JAMES M
Director
Transactions
- Gift
Common Stock
2014-12-26−2,000→ 39,176 total - Disposition to Issuer
Common Stock
2015-02-06$25.00/sh−35,176$879,400→ 0 total - Gift
Common Stock
2014-12-24−19,000→ 41,176 total - Gift
Common Stock
2014-12-30−1,000→ 38,176 total - Gift
Common Stock
2015-01-02−3,000→ 35,176 total
Footnotes (7)
- [F1]The Reporting Person made charitable gifts in the amount of 19,000 shares on December 24, 2014.
- [F2]6,123 of these securities represent shares of Sapient Corporation ("Sapient") common stock, par value $0.01 ("Common Stock") underlying Sapient restricted stock units subject to time-based vesting ("Restricted Stock Units").
- [F3]The Reporting Person made a charitable gift of 2,000 shares on December 26, 2014.
- [F4]The Reporting Person made a charitable gift of 1,000 shares on December 30, 2014.
- [F5]The Reporting Person made a charitable gift of 3,000 shares on January 2, 2015.
- [F6]Pursuant to the terms of the Agreement and Plan of Merger, dated as of November 1, 2014, among Sapient, Publicis Groupe S.A. and 1926 Merger Sub Inc. (the "Merger Agreement"), on February 6, 2015, each share of Sapient Common Stock, issued and outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into the right to receive $25.00 per share in cash (the "Merger Consideration"), subject to any required withholding taxes.
- [F7]6,123 of these securities represent shares of Sapient Common Stock underlying Sapient Restricted Stock Units. Pursuant to the Merger Agreement, on February 6, 2015, Sapient Restricted Stock Units, plus any accrued and unvested dividend equivalent rights associated with such Restricted Stock Units, outstanding immediately prior to the Acceptance Time (as defined in the Merger Agreement) were canceled and converted into the right to receive the Merger Consideration, subject to any required withholding taxes.
Documents
Issuer
SAPIENT CORP
CIK 0001008817
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001008817
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 9:21 PM ET
- Size
- 12.6 KB