RealD Inc. 4
4 · RealD Inc. · Filed Mar 24, 2016
Insider Transaction Report
Form 4
RealD Inc.RLD
Grand-Jean Richard
Director
Transactions
- Disposition to Issuer
Common Stock
2016-03-22$11.00/sh−59,546$655,006→ 0 total
Footnotes (1)
- [F1]On November 8, 2015 RealD Inc. (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Rhombus Cinema Holdings, LLC, a Delaware limited liability company ("Purchaser") and Rhombus Merger Sub, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Purchaser ("Merger Sub"), pursuant to which Merger Sub merged (the "Merger") with and into the Company, with the Company surviving the Merger and becoming a wholly owned subsidiary of Purchaser as a result of the Merger that became effective on March 22, 2016. Pursuant to the Merger Agreement, at the effective time of the Merger, each restricted stock unit, whether vested or unvested, was cancelled in exchange for the right to receive an amount in cash equal to the product of (i) the number of shares of the Company's common stock issuable upon conversion of such restricted stock unit multiplied by (ii) $11.00, less any applicable tax withholding.