4//SEC Filing
Holmes George B 4
Accession 0001104659-22-038533
CIK 0001579910other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 11:39 AM ET
Size
25.7 KB
Accession
0001104659-22-038533
Insider Transaction Report
Form 4
Resonant IncRESN
Holmes George B
DirectorPres/Chief Commercial Officer
Transactions
- Disposition from Tender
Common Stock
2022-03-28$4.50/sh−500,436$2,251,962→ 0 total - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−500,000$2,250,000→ 0 totalExp: 2022-09-30→ Common Stock (500,000 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−24,013$108,059→ 0 total→ Common Stock (24,013 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−100,000$450,000→ 0 total→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−5,824→ 0 totalExercise: $4.51Exp: 2027-08-07→ Common Stock (5,824 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−3,205$14,423→ 0 total→ Common Stock (3,205 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−115,830$521,235→ 0 total→ Common Stock (115,830 underlying) - Disposition to Issuer
Restricted Stock Units
2022-03-28$4.50/sh−188,053$846,239→ 0 total→ Common Stock (188,053 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2022-03-28−7,663→ 0 totalExercise: $4.62Exp: 2027-11-06→ Common Stock (7,663 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]Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- [F3]In connection with the Merger Agreement, these restricted stock units, which provided for vesting upon certain performance-based parameters, were cancelled in the merger.
- [F4]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 3,205 shares 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 24,013 shares 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.
- [F6]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 50,000 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.
- [F7]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 38,610 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.
- [F8]In connection with the Merger Agreement, these restricted stock units, which provided for vesting of 47,014 shares on December 1, 2022, and an additional 47,013 shares on each of 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 0001603582
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 11:39 AM ET
- Size
- 25.7 KB