4//SEC Filing
Boyle Richard J Jr 4
Accession 0001209191-12-024948
CIK 0001353209other
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 7:31 PM ET
Size
23.8 KB
Accession
0001209191-12-024948
Insider Transaction Report
Form 4
LoopNet, Inc.LOOP
Boyle Richard J Jr
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2012-04-25−19,500→ 421,355 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2012-04-30−388,202→ 0 total - Disposition to Issuer
Common Stock
2012-04-30−120,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2012-04-30−109,376→ 0 totalExercise: $7.26Exp: 2016-02-12→ Common Stock (109,376 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-04-30−51,459→ 0 totalExercise: $9.97Exp: 2017-02-10→ Common Stock (51,459 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-04-30−1,876→ 0 totalExercise: $11.06Exp: 2015-01-08→ Common Stock (1,876 underlying) - Disposition to Issuer
Common Stock
2012-04-30−421,355→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Option (Right to Buy)
2012-04-30−85,000→ 0 totalExercise: $16.07Exp: 2014-03-20→ Common Stock (85,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-04-30−285,000→ 0 totalExercise: $9.97Exp: 2017-02-10→ Common Stock (285,000 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to a merger agreement, dated April 27, 2011, as amended, between the issuer, CoStar Group, Inc. ("Parent") and Lonestar Acquisition Sub, Inc. (the "Merger Agreement") in exchange for a unit consisting of (i) $16.50 in cash without interest and (ii) 0.03702 shares of the Parent Common Stock per share (the "Merger Consideration"). Of the total number of shares disposed, 20,000 restricted stock units outstanding and unvested as of the reporting date were fully accelerated and were cancelled in exchange for the Merger Consideration.
- [F2]Disposed of pursuant to the Merger Agreement in exchange for the Merger Consideration.
- [F3]Disposed of pursuant to the Merger Agreement. The securities disposed were restricted stock units granted on February 11, 2010, that were subject to performance-based vesting, the conditions for which were not met as of the time of the merger. Pursuant to the Merger Agreement, the vesting of all such securities fully accelerated, and two thirds of such restricted stock units were cancelled in exchange for the Merger Consideration, and one third of such restricted stock units were cancelled in exchange for 10,813 shares of Parent common stock.
- [F4]Disposed of pursuant to the Merger Agreement. This option provided for a vesting of 1/48th per month beginning on March 13, 2009. Pursuant to the Merger Agreement, to the extent unvested, the vesting of the option was fully accelerated, and the options were cancelled in the merger in exchange for the Merger Consideration, less the exercise price of the option.
- [F5]Disposed of pursuant to the Merger Agreement. This option provided for a vesting of 1/48th per month beginning on March 11, 2010. Pursuant to the Merger Agreement, to the extent unvested, the vesting of the option was fully accelerated, and the options were cancelled in the merger in exchange for the Merger Consideration, less the exercise price of the option.
- [F6]Disposed of pursuant to the Merger Agreement. This option provided for a vesting of 1/48th per month beginning on February 9, 2008. Pursuant to the Merger Agreement, to the extent unvested, the vesting of the option was fully accelerated, and the options were cancelled in the merger in exchange for the Merger Consideration, less the exercise price of the option.
- [F7]Disposed of pursuant to the Merger Agreement. This option provided for a vesting of 1/48th per month beginning on April 21, 2007. Pursuant to the Merger Agreement, to the extent unvested, the vesting of the option was fully accelerated, and the options were cancelled in the merger in exchange for the Merger Consideration, less the exercise price of the option.
- [F8]Disposed of pursuant to the Merger Agreement. This option was granted on February 11, 2010, and was subject to performance-based vesting, the conditions for which were not met as of the time of the merger. Pursuant to the Merger Agreement, the vesting of all such options fully accelerated, and two thirds of such options were cancelled in exchange for the Merger Consideration, less the exercise price of the option, and one third of such options were cancelled in exchange for 12,289 shares of Parent common stock.
Documents
Issuer
LoopNet, Inc.
CIK 0001353209
Entity typeother
Related Parties
1- filerCIK 0001360339
Filing Metadata
- Form type
- 4
- Filed
- Apr 29, 8:00 PM ET
- Accepted
- Apr 30, 7:31 PM ET
- Size
- 23.8 KB