HILLS DAVID B 4
4 · interclick, inc. · Filed Dec 14, 2011
Insider Transaction Report
Form 4
interclick, inc.ICLK
HILLS DAVID B
Director
Transactions
- Disposition from Tender
Common Stock
2011-12-14$9.00/sh−35,000$315,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-14$5.45/sh−50,000$272,500→ 0 totalExercise: $3.55Exp: 2015-07-07→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2011-12-14$2.95/sh−55,000$162,250→ 0 totalExercise: $6.05Exp: 2021-03-21→ Common Stock (55,000 underlying)
Footnotes (2)
- [F1]Represents unvested shares of restricted stock. On December 14, 2011, the transactions contemplated by the Agreement and Plan of Merger, dated as of October 31, 2011 (the "Agreement"), by and among Yahoo! Inc., a Delaware corporation, Innsbruck Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Yahoo! Inc., and the Issuer were consummated. Pursuant to the Agreement, these shares were cancelled in the merger and converted into the right to receive a per share cash payment of $9.00 (without interest and less any applicable withholding tax).
- [F2]This stock option vests in equal portions annually over a three year period from the date of issuance. Pursuant to the Agreement, this stock option was fully accelerated (to the extent not already vested), cancelled in the merger and converted into the right to receive a cash payment equal to the excess of $9.00 over the per-share exercise price multiplied by the number of shares underlying such stock option (without interest and less any applicable withholding tax).