4//SEC Filing
Market Leader, Inc. 4
Accession 0001181431-13-046178
CIK 0001298978operating
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 7:00 PM ET
Size
15.1 KB
Accession
0001181431-13-046178
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Option (Right to Buy)
2013-08-20−43,750→ 0 totalExercise: $2.01From: 2010-12-23Exp: 2020-09-23→ Common Stock (43,750 underlying) - Disposition to Issuer
Stock Appreciation Right
2013-08-20−30,000→ 0 totalExercise: $4.66From: 2013-06-14Exp: 2017-06-14→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2013-08-20−428,837→ 0 total - Disposition to Issuer
Option (Right to Buy)
2013-08-20−20,000→ 0 totalExercise: $13.23From: 2006-08-30Exp: 2015-08-30→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2013-08-20−45,000→ 0 totalExercise: $2.21From: 2012-09-15Exp: 2016-09-15→ Common Stock (45,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among the issuer, Trulia, Inc. ("Trulia") and Mariner Acquisition Corp., dated as of May 7, 2013 (the "Merger Agreement"), pursuant to which each outstanding share of the issuer's common stock was cancelled and converted into the right to receive (i) $6.00 in cash, without interest, plus (ii) 0.1553 shares of Trulia common stock. Also includes restricted stock units for 22,969 shares which were assumed by Trulia in the merger and replaced with restricted stock units to acquire 6,653 shares of Trulia common stock. The restricted stock units, as originally granted, vest over 4 years at the rate of 25% on the first anniversary of the grant date and 6.25% per quarter thereafter.
- [F2]Pursuant to the Merger Agreement, the option was assumed by Trulia in the merger and replaced with an option to purchase 5,793 shares of Trulia common stock with an exercise price of $45.68 per share. The option, as originally granted, vested over 4 years at the rate of 25% on the first anniversary of the grant date of August 30, 2005 and 6.25% per quarter thereafter.
- [F3]Pursuant to the Merger Agreement, the option was assumed by Trulia in the merger and replaced with an option to purchase 12,674 shares of Trulia common stock with an exercise price of $6.94 per share. The option, as originally granted, vested over 4 years at the rate of 25% on the first anniversary of the grant date of September 23, 2010 and 6.25% per quarter thereafter.
- [F4]Pursuant to the Merger Agreement, the stock appreciation right was assumed by Trulia in the merger and replaced with a stock appreciation rate with respect to 13,035 shares of Trulia common stock with an exercise price of $7.63 per share. The stock appreciation right, as originally granted, vests over 4 years at the rate of 25% on the first anniversary of the grant date of September 15, 2011 and 6.25% per quarter thereafter.
- [F5]Pursuant to the Merger Agreement, the stock appreciation right was assumed by Trulia in the merger and replaced with a stock appreciation rate with respect to 8,690 shares of Trulia common stock with an exercise price of $16.09 per share. The stock appreciation right, as originally granted, vests over 4 years at the rate of 25% on the first anniversary of the grant date of June 14, 2012 and 6.25% per quarter thereafter.
Documents
Issuer
Market Leader, Inc.
CIK 0001298978
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0001298978
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 7:00 PM ET
- Size
- 15.1 KB