4//SEC Filing
SAPIENT CORP 4
Accession 0001008817-15-000025
CIK 0001008817operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 9:38 PM ET
Size
12.5 KB
Accession
0001008817-15-000025
Insider Transaction Report
Form 4
SAPIENT CORPSAPE
MacLaren Laurie W.
Senior Vice President
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-02-06−674→ 0 totalExercise: $7.05Exp: 2017-05-18→ Common Stock (674 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−964→ 0 totalExercise: $7.05Exp: 2017-05-18→ Common Stock (964 underlying) - Disposition to Issuer
Common Stock
2015-02-06$25.00/sh−104,833$2,620,825→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−1,432→ 0 totalExercise: $7.05Exp: 2016-05-18→ Common Stock (1,432 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of November 1, 2014, among Sapient Corporation ("Sapient"), Publicis Groupe S.A. and 1926 Merger Sub Inc. (the "Merger Agreement"), on February 6, 2015, each share of Sapient common stock, par value $0.01 ("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.
- [F2]67,160 of these securities represent shares of Sapient Common Stock underlying Sapient restricted stock units subject to time-based vesting ("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. Fractional shares have been rounded up to the next whole unit for purposes of this Form 4.
- [F3]Pursuant to the Merger Agreement, on February 6, 2015, each Sapient stock option outstanding at the Acceptance Time, whether or not vested, was canceled and converted into the right to receive the excess, if any, of the Merger Consideration over the exercise price per share of the stock option, 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, 9:38 PM ET
- Size
- 12.5 KB