Digital Generation, Inc. 4
4 · Digital Generation, Inc. · Filed Feb 11, 2014
Insider Transaction Report
Form 4
KANTOR DAVID M
Director
Transactions
- Exercise/Conversion
Common Stock
2014-02-05+13,437→ 37,705 total - Disposition to Issuer
Common Stock
2014-02-07−37,705→ 0 total - Exercise/Conversion
Restricted Stock Units
2014-02-05−13,437→ 0 total→ Common Stock (13,437 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On February 5, 2014, the reporting person's outstanding restricted stock units vested and were cancelled and converted into shares of DG common stock pursuant to the Agreement and Plan of Merger, dated as of August 12, 2013, by and among Extreme Reach Inc. ("Extreme Reach"), Dawn Blackhawk Acquisition Corp., a Delaware corporation and a wholly-owned subsidiary of Extreme Reach, and Digital Generation, Inc. (the "Merger Agreement").
- [F3]On February 7, 2014, pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the spin-off and merger transaction, each issued and outstanding share of DG common stock was canceled and converted automatically into the right to receive the per share redemption and merger consideration.