4//SEC Filing
Wolf Lisa G 4
Accession 0001104659-22-038523
CIK 0001579910other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 11:11 AM ET
Size
31.9 KB
Accession
0001104659-22-038523
Insider Transaction Report
Form 4
Resonant IncRESN
Wolf Lisa G
Chief Accounting Officer
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−15,319→ 0 totalExercise: $4.36Exp: 2027-02-02→ Common Stock (15,319 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−4,808→ 0 totalExercise: $4.62Exp: 2027-11-06→ Common Stock (4,808 underlying) - Disposition from Tender
Common Stock
2022-03-28$4.50/sh−40$180→ 0 total(indirect: By Ms. Wolf's daughter) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−6,931$31,190→ 0 total→ Common Stock (6,931 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−53,244$239,598→ 0 total→ Common Stock (53,244 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−29,577$133,097→ 0 total→ Common Stock (29,577 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−25,000$112,500→ 0 total→ Common Stock (25,000 underlying) - Disposition from Tender
Common Stock
2022-03-28$4.50/sh−170,568$767,556→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−5,000→ 0 totalExercise: $7.20Exp: 2024-06-30→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−25,000→ 0 totalExercise: $5.07Exp: 2026-08-08→ Common Stock (25,000 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−20,787$93,542→ 0 total→ Common Stock (20,787 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−6,688→ 0 totalExercise: $4.51Exp: 2027-08-07→ Common Stock (6,688 underlying)
Footnotes (8)
- [F1]In connection with the Agreement and Plan of Merger, dated February 14, 2022, by and among Murata Electronics North America, Inc., PJ Cosmos Acquisition Company, Inc. and Resonant Inc. (the "Merger Agreement"), this stock option, which is fully vested, was cancelled in the merger.
- [F2]In connection with the Merger Agreement, this stock option, which is fully vested, was assumed and converted into a right of the holder to receive, no later than the first payroll date that occurs at least five business days after the closing of the merger, an amount in cash equal to the excess of the per share merger consideration of $4.50 over the exercise price per share of the common stock subject to the stock option multiplied by the total number of shares of common stock subject to such stock option immediately prior to the merger.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- [F4]In connection with the Merger Agreement, these restricted stock units, which provided for vesting on December 1, 2022, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash.
- [F5]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 10,394 shares on December 1, 2022 and 10,393 shares on December 1, 2023, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash.
- [F6]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 9,859 shares on each of December 1, 2022, December 1, 2023, and December 1, 2024, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash.
- [F7]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 12,500 shares on each of December 1, 2022 and December 1, 2023, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash.
- [F8]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 13,111 shares on each of December 1, 2022, December 1, 2023, December 1, 2024, and December 1, 2025, were assumed and converted into a right of the holder to receive upon settlement an amount in cash equal to the per share merger consideration of $4.50 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Upon the termination of the holder's employment with Resonant Inc. immediately following consummation of the merger, these assumed restricted stock units became fully vested and will be settled in cash.
Documents
Issuer
Resonant Inc
CIK 0001579910
Entity typeother
Related Parties
1- filerCIK 0001861556
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 11:11 AM ET
- Size
- 31.9 KB