4//SEC Filing
Schwenk Paul D 4
Accession 0001181431-13-030090
CIK 0001312928other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 3:02 PM ET
Size
23.8 KB
Accession
0001181431-13-030090
Insider Transaction Report
Form 4
Schwenk Paul D
SVP of Engineering
Transactions
- Disposition to Issuer
Class B Common Stock
2013-05-21−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−105,000→ 0 totalExercise: $1.00Exp: 2014-05-20→ Class B Common Stock (105,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−20,300→ 0 totalExercise: $1.40Exp: 2015-08-08→ Class B Common Stock (20,300 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−75,000→ 0 totalExercise: $26.00Exp: 2022-07-19→ Class B Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−26,500→ 0 totalExercise: $1.40Exp: 2016-04-02→ Class B Common Stock (26,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−15,900→ 0 totalExercise: $2.98Exp: 2016-12-31→ Class B Common Stock (15,900 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−140,000→ 0 totalExercise: $5.00Exp: 2017-05-31→ Class B Common Stock (140,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−20,000→ 0 totalExercise: $5.00Exp: 2017-07-12→ Class B Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-05-21−120,000→ 0 totalExercise: $14.82Exp: 2020-09-30→ Class B Common Stock (120,000 underlying)
Footnotes (6)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (i) any transfer (subject to certain exceptions), or (ii) the death of a natural person holding Class B Common Stock. All authorized shares of Class B Common Stock will each convert automatically into Class A Common Stock on the seven-year anniversary of completion of the Issuer's initial public offering of Class A Common Stock.
- [F2]14,436 shares disposed of for a cash payment of $40.00 per share pursuant to the Agreement and Plan of Merger, dated as of November 8, 2012 by and among the Issuer, priceline.com Incorporated ("priceline"), and Produce Merger Sub, Inc. (the "Merger Agreement"), in connection with the merger that became effective on May 21, 2013 (the "Merger"). 35,564 shares disposed of in exchange for 2,037 shares of priceline common stock and a cash payment of $77.84 in lieu of fractional shares of priceline common stock in accordance with the provisions of the Merger Agreement, in connection with the Merger.
- [F3]These options are fully vested.
- [F4]The shares underlying the option vest in equal monthly installments beginning on October 17, 2010 and ending on September 17, 2014.
- [F5]Twenty-five percent of the shares underlying the option vest on July 19, 2013. The balance of the shares vest in equal monthly installments beginning on August 19, 2013 and ending on July 19, 2016.
- [F6]Pursuant to the terms of the Merger Agreement, in connection with the Merger, all outstanding and unexercised stock options were converted automatically into options to purchase priceline common stock in accordance with the formula set forth in the Merger Agreement.
Documents
Issuer
KAYAK Software Corp
CIK 0001312928
Entity typeother
Related Parties
1- filerCIK 0001533136
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 3:02 PM ET
- Size
- 23.8 KB