Sternlicht Yehuda 4

Accession 0001188112-11-001096

CIK 0001283073other

Filed

Apr 17, 8:00 PM ET

Accepted

Apr 18, 4:39 PM ET

Size

26.2 KB

Accession

0001188112-11-001096

Form 4

Period: 2011-04-14

Director

Transactions

Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−13,700→ 0 total
Exercise: $5.00Exp: 2014-06-10→ Common Stock (13,700 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−7,175→ 0 total
Exercise: $13.78Exp: 2015-07-13→ Common Stock (7,175 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−7,175→ 0 total
Exercise: $5.71Exp: 2016-09-15→ Common Stock (7,175 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−449→ 0 total
Exercise: $12.62Exp: 2013-06-26→ Common Stock (449 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−4,335→ 0 total
Exercise: $7.91Exp: 2015-09-09→ Common Stock (4,335 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−2,542→ 0 total
Exercise: $5.77Exp: 2014-09-09→ Common Stock (2,542 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−7,175→ 0 total
Exercise: $9.65Exp: 2012-06-21→ Common Stock (7,175 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−4,633→ 0 total
Exercise: $5.77Exp: 2014-09-09→ Common Stock (4,633 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−2,840→ 0 total
Exercise: $7.91Exp: 2015-09-09→ Common Stock (2,840 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2011-04-14−6,726→ 0 total
Exercise: $12.62Exp: 2013-06-26→ Common Stock (6,726 underlying)

Footnotes (3)

[F1]Represents shares of the common stock, par value $0.001 per share ("Common Stock"), of Answers Corporation ("Answers.com").
[F2]Represents vested options to purchase shares of Common Stock (1) which were cancelled upon completion of the merger (the "Merger") in accordance with that certain Agreement and Plan of Merger, dated as of February 2, 2011, among Answers.com, AFCV Holdings, LLC ("AFCV") and A-Team Acquisition Sub, Inc., a Delaware corporation and an indirect wholly-owned subsidiary of AFCV (the "Merger Agreement") in exchange for a cash payment equal to the excess (if any) of (i) the product of (A) the number of shares of Common Stock subject to such vested options multiplied by (B) $10.50 over (ii) the aggregate exercise price of such vested option, without interest and less any deductions and required withholding taxes as specified in the Merger Agreement.
[F3]Represents unvested options to purchase shares of Common Stock immediately prior to the Merger which, pursuant to the Merger Agreement, were accelerated and cancelled upon completion of the Merger in exchange for a cash payment equal to the excess (if any) of (i) the product of (A) the number of shares of Common Stock subject to such unvested options, multiplied by (B) $10.50 over (ii) the aggregate exercise price of such unvested option, without interest and less any deductions and required withholding taxes as specified in the Merger Agreement.

Documents

1 file

Answers CORP

CIK 0001283073

Entity typeother