4//SEC Filing
Market Leader, Inc. 4
Accession 0001181431-13-046182
CIK 0001298978operating
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 7:10 PM ET
Size
15.0 KB
Accession
0001181431-13-046182
Insider Transaction Report
Form 4
Morris Ian H
DirectorCEO
Transactions
- Disposition to Issuer
Option (Right to Buy)
2013-08-20−150,000→ 0 totalExercise: $13.23From: 2005-11-30Exp: 2015-08-30→ Common Stock (150,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2013-08-20−39,062→ 0 totalExercise: $2.01From: 2010-12-23Exp: 2020-09-23→ Common Stock (39,062 underlying) - Disposition to Issuer
Stock Appreciation Right
2013-08-20−56,250→ 0 totalExercise: $4.66From: 2012-09-14Exp: 2017-06-14→ Common Stock (56,250 underlying) - Disposition to Issuer
Stock Appreciation Right
2013-08-20−56,250→ 0 totalExercise: $2.26From: 2012-01-06Exp: 2016-10-06→ Common Stock (56,250 underlying) - Disposition to Issuer
Common Stock
2013-08-20−552,996→ 0 total
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.
- [F2]Pursuant to the Merger Agreement, the option was assumed by Trulia in the merger and replaced with an option to purchase 43,450 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 6.25% per quarter from the grant date of August 30, 2005.
- [F3]Pursuant to the Merger Agreement, the option was assumed by Trulia in the merger and replaced with an option to purchase 11,316 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 6.25% per quarter from the grant date of September 23, 2010.
- [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 16,294 shares of Trulia common stock with an exercise price of $7.81 per share. The stock appreciation right, as originally granted, vests over 4 years at the rate of 6.25% per quarter from the grant date of October 6, 2011. Following the effective time of the merger, the stock appreciation right will vest in equal quarterly increments over the next two years following the merger.
- [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 16,294 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 6.25% per quarter from the grant date of June 14, 2012. Following the effective time of the merger, the stock appreciation right will vest in equal quarterly increments over the next two years following the merger.
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, 7:10 PM ET
- Size
- 15.0 KB