Amissi Melba Michelle 4
4 · INTERSECTIONS INC · Filed Jan 14, 2019
Insider Transaction Report
Form 4
Amissi Melba Michelle
Chief Operating Officer
Transactions
- Disposition to Issuer
RESTRICTED STOCK UNIT
2019-01-11−30,000→ 0 total→ COMMON STOCK (30,000 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2019-01-11−30,000→ 0 total→ COMMON STOCK (30,000 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2019-01-11−40,000→ 0 total→ COMMON STOCK (40,000 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2019-01-11−5,000→ 0 total→ COMMON STOCK (5,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock or, at the Issuer's option, cash or a combination of the two.
- [F2]Reflects disposition on January 11, 2019 pursuant to the terms of the Agreement and Plan of Merger by and among WC SACD One Parent, Inc., a Delaware corporation ("Parent"), WC SACD One Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent and the Issuer dated as of October 31, 2018 (as amended, the "Merger Agreement"). In accordance with the terms of the Merger Agreement, each restricted stock unit (including restricted stock units that became fully vested pursuant to the Merger Agreement) was cancelled and converted automatically into the right to receive $3.68 in cash.