KITARA MEDIA CORP. 4
4 · KITARA MEDIA CORP. · Filed Jan 30, 2015
Insider Transaction Report
Form 4
Regular Limor
Chief Operating Officer
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2015-01-28−500,000→ 0 totalExercise: $0.20Exp: 2018-07-01→ Common Stock (500,000 underlying)
Footnotes (2)
- [F1]The stock options vest quarterly over a four-year period.
- [F2]On October 10, 2014, Kitara Holdco Corp. ("Holdco"), Kitara Media Corp. (the "Issuer") and Kitara Merger Sub, Inc. ("Merger Sub"), a wholly-owned subsidiary of Holdco, entered into an Agreement and Plan of Reorganization (the "Merger Agreement"), pursuant to which, and subject to the terms and conditions thereof, on January 28, 2015 (the "Closing Date") Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Holdco. On the Closing Date, pursuant to the Merger Agreement, and subject to the terms and conditions thereof, at the effective time of the merger, the stock options were assumed by Holdco in the Merger.