4//SEC Filing
OPENTABLE INC 4
Accession 0001179110-14-012097
CIK 0001125914operating
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 6:06 PM ET
Size
6.2 KB
Accession
0001179110-14-012097
Insider Transaction Report
Form 4
OPENTABLE INCOPEN
Essas Joseph
Chief Technology Officer
Transactions
- Disposition to Issuer
Stock Option
2014-07-24−100,000→ 0 totalExercise: $37.69From: 2013-07-18Exp: 2022-07-17→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]On July 24, 2014, The Priceline Group, Inc., a Delaware corporation, acquired the issuer pursuant to that certain merger agreement between issuer, The Priceline Group and Rhombus, a Delaware corporation and wholly owned subsidiary of The Priceline Group, dated as of June 12, 2014(the "Merger Agreement"). At the effective time of the Merger, each outstanding share of the issuer's common stock was converted into the right to receive $103.00 in cash (the "per-share merger consideration"). In addition, all outstanding vested options were canceled at the effective time of the Merger in exchange for a cash payment equal to the per-share merger consideration (less the exercise price in the case of options), payable without interest and less any required withholding taxes.
- [F2]In accordance with the terms of the Merger Agreement, this option was converted into an option to purchase 8,457 shares of The Priceline Group, Inc. common stock at a price of $445.63 per share.
Documents
Issuer
OPENTABLE INC
CIK 0001125914
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001125914
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 6:06 PM ET
- Size
- 6.2 KB