Chinn Daniel Robert 4
4 · FINJAN HOLDINGS, INC. · Filed Jul 27, 2020
Insider Transaction Report
Form 4
Chinn Daniel Robert
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2020-07-24$0.35/sh−50,000$17,500→ 0 totalExercise: $1.20Exp: 2026-04-05→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Disposed of as a result of the merger pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among Finjan Holdings, Inc., CFIP Goldfish Holdings LLC and CFIP Goldfish Merger Sub Inc. At the effective time of the merger as contemplated in the Merger Agreement, each outstanding stock option became fully vested and was canceled and converted into the right to receive the merger consideration of $1.55 in cash per share less the per share exercise price. Any options held by the reporting person with exercise prices equal to or greater than $1.55 per share were cancelled without the payment of any consideration therefor. The disposition of such options is not reported.