KITARA MEDIA CORP. 4
4 · KITARA MEDIA CORP. · Filed Feb 2, 2015
Insider Transaction Report
Form 4
Selling Source LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2015-01-28−22,145,294→ 0 total
Footnotes (1)
- [F1]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, Selling Source LLC disposed of 22,145,294 shares of common stock of the Issuer in exchange for the same number of shares in Holdco.