FTD Group, Inc. 4
4 · FTD Group, Inc. · Filed Aug 28, 2008
Insider Transaction Report
Form 4
ARON ADAM M
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2008-08-26−2,500→ 0 totalExercise: $14.58From: 2008-08-26Exp: 2017-11-14→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-08-26−8,334→ 0 totalExercise: $10.96Exp: 2015-04-28→ Common Stock (8,334 underlying)
Footnotes (4)
- [F1]Upon the effective date of an Agreement and Plan of Merger, dated as of April 30, 2008, as amended, by and among FTD Group, Inc. ("FTD"), United Online, Inc. ("United Online") and UNOLA Corp. (the "Merger"), the option was canceled in exchange for merger consideration of $10.15 in cash, without interest, and 0.4087 of a share of United Online common stock for each share of FTD common stock (the "Merger Consideration"), reduced ratably by the exercise price of the unexercised options in the same proportion that the value of the cash and fraction of a share of United Online common stock comprising the merger consideration bear to each other.
- [F2]Upon the effective date of the Merger, the option was canceled in exchange for the Merger Consideration (as defined above), reduced ratably by the exercise price of the unexercised options in the same proportion that the value of the cash and fraction of a share of United Online common stock comprising the merger consideration bear to each other. All of these options were canceled on the effective date of the merger for no value.
- [F3]Upon the effective date of the Merger, the option was canceled in exchange for the Merger Consideration (as defined above), reduced ratably by the exercise price of the unexercised options in the same proportion that the value of the cash and fraction of a share of United Online common stock comprising the merger consideration bear to each other.
- [F4]This option, provided for vesting as follows: 8,334 options vested on 04/28/05, 8,333 options vested on 04/28/06 and 8,333 options vested on 4/28/07. Upon the effective date of the Merger, the option was canceled in exchange for the Merger Consideration (as defined above), reduced ratably by the exercise price of the unexercised options in the same proportion that the value of the cash and fraction of a share of United Online common stock comprising the merger consideration bear to each other.