KEYNOTE SYSTEMS INC 4
4 · KEYNOTE SYSTEMS INC · Filed Aug 23, 2013
Insider Transaction Report
Form 4
Chaudhary Vikram A
Vice President of Marketing
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-08-22$20.00/sh−8,750$175,000→ 0 totalExercise: $0.00→ Common Stock (8,750 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2013-08-22$9.05/sh−56,500$511,325→ 0 totalExercise: $10.95Exp: 2015-05-01→ Common Stock (56,500 underlying) - Disposition to Issuer
Common Stock
2013-08-22$20.00/sh−13,618$272,360→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2013-08-22$6.98/sh−20,000$139,600→ 0 totalExercise: $13.02Exp: 2014-04-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2013-08-22$7.35/sh−12,500$91,875→ 0 totalExercise: $12.65Exp: 2018-07-06→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of June 23, 2013, by and between the Issuer, Hawaii Merger Corp., a Delaware corporation ("Merger Sub"), and Hawaii Parent Corp., a Delaware corporation ("Parent"), pursuant to which Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly-owned subsidiary of Parent (the "Merger"). Parent is a company that is wholly-owned by affiliates of Thoma Bravo, LLC.
- [F2]Includes 1,148 shares purchased through the Issuer's qualified Employee Stock Purchase Plan ("ESPP") on January 31, 2013 and 917 shares purchased through the ESPP on July 31, 2013.
- [F3]The restricted stock unit award became fully vested and was cancelled in the Merger and converted into the right to receive an amount in cash of $20.00 per restricted stock unit.
- [F4]The option, which was fully vested as of the filing of this Form 4, was cancelled in the Merger and converted into the right to receive an amount in cash equal to the product of (i) the aggregate number of outstanding shares subject to such option and (ii) the excess of $20.00 per share over the per share exercise price of such option.