4//SEC Filing
Jones Richard Warren 4
Accession 0001104659-18-035433
CIK 0001665658other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 4:02 PM ET
Size
10.4 KB
Accession
0001104659-18-035433
Insider Transaction Report
Form 4
CommerceHub, Inc.CHUBA
Jones Richard Warren
CTO/EVP-Operations
Transactions
- Disposition to Issuer
Stock Option (right to buy) - CHUBK
2018-05-21−174,535→ 0 totalExercise: $2.66Exp: 2021-01-14→ Series C common stock (174,535 underlying) - Disposition to Issuer
Stock Option (right to buy) - CHUBK
2018-05-21−54,542→ 0 totalExercise: $6.25Exp: 2023-05-10→ Series C common stock (54,542 underlying) - Disposition to Issuer
Stock Option (right to buy) - CHUBK
2018-05-21−655,444→ 0 totalExercise: $16.34Exp: 2026-07-20→ Series C common stock (655,444 underlying)
Footnotes (3)
- [F1]These stock options were fully vested at the time of the Merger.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of March 5, 2018 (the "Merger Agreement"), by and among the Issuer, Great Dane Parent, LLC ("Great Dane Parent"), and Great Dane Merger Sub, Inc. ("Merger Sub"), a direct, wholly owned subsidiary of Great Dane Parent, on May 21, 2018, Merger Sub was merged with and into the Issuer, with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of Great Dane Parent (the "Merger"). These stock options were canceled in the Merger in exchange for a cash payment based on the number of stock options canceled multiplied by the difference between the exercise price of the option and $22.75.
- [F3]22.22% of the options were vested at the time of the Merger. 44.44% of the remainder of this stock option award was scheduled to vest in two equal installments on each of July 20, 2018 and July 20, 2019, and the final 33.34% of this stock option award was scheduled to vest on January 20, 2021.
Documents
Issuer
CommerceHub, Inc.
CIK 0001665658
Entity typeother
Related Parties
1- filerCIK 0001680931
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 4:02 PM ET
- Size
- 10.4 KB