TANGOE INC 4
4 · TANGOE INC · Filed Jun 16, 2017
Insider Transaction Report
Form 4
TANGOE INCTNGO
Walley Noah
Director
Transactions
- Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2017-06-16−18,455→ 0 totalExercise: $4.72Exp: 2020-04-16→ Common Stock (18,455 underlying) - Disposition from Tender
Common Stock
2017-06-15−26,583→ 0 total - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2017-06-16−18,455→ 0 totalExercise: $5.99Exp: 2021-01-28→ Common Stock (18,455 underlying)
Footnotes (3)
- [F1]These shares were validly tendered and disposed of in exchange for the right to receive $6.50 per share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the terms of that certain Agreement and Plan of Merger, dated as of April 27, 2017, by and among Tangoe, Inc., Asentinel, LLC and TAMS Inc. (the "Merger Agreement") and the Offer (as defined in the Merger Agreement).
- [F2]Vested in full.
- [F3]Pursuant to the terms of the Merger Agreement, upon effectiveness of the merger of TAMS Inc. with and into Tangoe, Inc., each outstanding and unexercised stock option was canceled and converted into the right to receive $6.50 per share less the applicable exercise price of such stock option, net to the seller in cash, without interest and less any applicable withholding taxes.