4//SEC Filing
Ceres, Inc. 4
Accession 0001144204-16-116363
CIK 0000767884operating
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 9:06 PM ET
Size
7.9 KB
Accession
0001144204-16-116363
Insider Transaction Report
Form 4
Ceres, Inc.CERE
Goldberg Robert Bruce
Director
Transactions
- Disposition from Tender
Common Stock
2016-08-01$0.40/sh−23,503$9,401→ 0 total - Disposition to Issuer
Stock options
2016-08-01−729→ 0 totalExercise: $0.23Exp: 2026-04-05→ Common Stock (726 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated June 16, 2016, by and among the Issuer, Land O'Lakes, Inc. ("Parent") and Roman Merger Sub, Inc. ("Merger Sub"), a wholly-owned subsidiary of Parent, Merger Sub made a cash tender offer (the "Offer") to purchase each outstanding share of the Issuer's Common Stock for $0.40 per share (the "Offer Price"), without any interest and subject to any tax withholding. Merger Sub accepted for payment all of the shares tendered after the expiration of the Offer at 12:00 midnight, New York City time, at the end of Friday, July 29, 2016.
- [F2]These shares were tendered into the Offer.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger of Merger Sub with and into Issuer, this option was converted into a right to receive a per share cash payment equal to the difference between the per share exercise price of this option and the Offer Price, subject to any tax withholding.
Documents
Issuer
Ceres, Inc.
CIK 0000767884
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000767884
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 9:06 PM ET
- Size
- 7.9 KB