4//SEC Filing
Hartstein Philip 4
Accession 0001104659-20-086717
CIK 0001366340other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 12:07 PM ET
Size
10.1 KB
Accession
0001104659-20-086717
Insider Transaction Report
Form 4
Hartstein Philip
President
Transactions
- Disposition from Tender
Common Stock
2020-07-23$1.55/sh−60,250$93,388→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2020-07-24$0.35/sh−50,000$17,500→ 0 totalExercise: $1.20Exp: 2026-05-04→ Common Stock (50,000 underlying) - Disposition to Issuer
Restricted Stock Units
2020-07-24$1.55/sh−200,000$310,000→ 0 totalExercise: $0.00→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]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., on June 24, 2020, CFIP Goldfish Merger Sub Inc. made an offer (the "Offer") to purchase each outstanding share of the Finjan Holdings, Inc.'s common stock for $1.55 per share, in cash, without interest and subject to applicable withholding. The shares shown on this line were tendered in the Offer.
- [F2]Disposed of as a result of the merger pursuant to the Merger Agreement. At the effective time of the merger as contemplated in the Merger Agreement, each outstanding stock option and restricted stock unit became fully vested and was canceled and converted into the right to receive the merger consideration of $1.55 in cash (or, in the case of options, $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.
Documents
Issuer
FINJAN HOLDINGS, INC.
CIK 0001366340
Entity typeother
Related Parties
1- filerCIK 0001579228
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 12:07 PM ET
- Size
- 10.1 KB