Carney Kevin M 4
4 · WEB.COM GROUP, INC. · Filed Oct 15, 2018
Insider Transaction Report
Form 4
Carney Kevin M
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2018-10-11−30,000→ 500 total - Disposition to Issuer
Stock Option (Right to Buy)
2018-10-11$14.71/sh−60,000$882,600→ 0 totalExercise: $13.29Exp: 2022-02-08→ Common Stock (60,000 underlying) - Disposition to Issuer
Common Stock
2018-10-11$28.00/sh−77,203$2,161,684→ 500 total - Award
Common Stock
2018-10-11+30,000→ 30,500 total - Disposition to Issuer
Stock Option (Right to Buy)
2018-10-12$18.03/sh−25,612$461,784→ 0 totalExercise: $9.97Exp: 2021-02-02→ Common Stock (25,612 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2018-10-11$12.04/sh−65,000$782,600→ 0 totalExercise: $15.96Exp: 2023-01-30→ Common Stock (65,000 underlying)
Footnotes (5)
- [F1]Pursuant to a merger agreement between Issuer and Parker Private Holdings II, LLC, and Parker Private Merger Sub, Inc., all common stock, including 2,500 shares of restricted stock was cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- [F2]Pursuant to a merger agreement between Issuer and Parker Private Holdings II, LLC, and Parker Private Merger Sub, Inc., these performance stock units became fully vested on October 11, 2018.
- [F3]Pursuant to a merger agreement between Issuer and Parker Private Holdings, II, LLC., and Parker Private Merger Sub, Inc., these shares were cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- [F4]Fully vested.
- [F5]This option was canceled in the merger for a cash payment per share equal to the difference between the exercise price and $28, the merger consideration price.