COST TIMOTHY 4
4 · WEB.COM GROUP, INC. · Filed Oct 15, 2018
Insider Transaction Report
Form 4
COST TIMOTHY
Director
Transactions
- Disposition to Issuer
Common Stock
2018-10-11$28.00/sh−43,763$1,225,364→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2018-10-11$10.13/sh−25,000$253,250→ 0 totalExercise: $17.87Exp: 2024-12-04→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Pursuant to a merger agreement between Issuer and Parker Private Holdings II, LLC., and Parker Private Merger Sub, Inc., all common stock, including 9,726 shares of restricted stock, was cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- [F2]Fully vested.
- [F3]This option was cancelled in the merger for a cash payment per share equal to the difference between the exercise price and $28, the merger consideration price.