Billings Paul R 4
4 · Ancestry.com Inc. · Filed Jan 2, 2013
Insider Transaction Report
Form 4
Billings Paul R
Director
Transactions
- Disposition to Issuer
Common Stock Option (right to buy)
2012-12-28−9,367→ 0 totalExercise: $21.35Exp: 2022-06-01→ Common Stock, $0.001 par value (9,367 underlying) - Disposition to Issuer
Restricted Stock Units
2012-12-28−4,359→ 0 totalExercise: $0.00→ Common Stock, $0.001 par value (4,359 underlying)
Footnotes (4)
- [F1]Option granted on June 1, 2012. The option, representing a right to purchase 9,367 shares, vests with respect to 25% of the total number of shares subject to the option on May 15, 2013 and on May 15 of the three years thereafter.
- [F2]Pursuant to the terms of the Agreement and Plan of Merger, dated October 21, 2012, by and among Global Generations International Inc. ("Parent"), Global Generations Merger Sub Inc. and Ancestry.com Inc. (the "Merger Agreement"; capitalized terms used but not defined herein have the meanings assigned to them in the Merger Agreement), at the Effective Time, the Common Stock Options held by the reporting person were converted into the right to receive an amount in cash equal to the product of (i) the excess, if any, of the Merger Consideration over the exercise price per Share of such Company Options multiplied by (ii) the total number of Shares subject to such Company Options.
- [F3]Pursuant to the terms of the Merger Agreement, at the Effective Time, the Company RSU Awards held by the reporting person were converted into the right to receive an amount in cash equal to the product of (i) the total number of Shares subject to such Company RSU Awards multiplied by (ii) the Merger Consideration.
- [F4]On May 24, 2012, the reporting person received 4,359 restricted stock units, vesting on the earlier of the first anniversary of the date of grant or the business day immediately preceding the 2013 annual meeting of stockholders. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.