4//SEC Filing
FUSION-IO, INC. 4
Accession 0001209191-14-049138
CIK 0001383729operating
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 8:17 PM ET
Size
10.8 KB
Accession
0001209191-14-049138
Insider Transaction Report
Form 4
Smerdon Gary J.
Chief Strategy Officer
Transactions
- Other
Restricted Stock Units
2014-07-23−120,000→ 0 totalExercise: $0.00→ Common Stock (120,000 underlying) - Other
Employee Stock Option (right to buy)
2014-07-23−240,000→ 0 totalExercise: $10.75Exp: 2020-10-30→ Common Stock (240,000 underlying) - Other
Common Stock
2014-07-23$11.25/sh−1,500$16,875→ 0 total
Footnotes (6)
- [F1]The Reporting Person tendered the shares in exchange for $11.25 per share in a tender offer made by Flight Merger Sub, Inc., pursuant to an Agreement and Plan of Merger, dated June 16, 2014, among the Issuer, SanDisk Corporation and Flight Merger Sub, Inc. (the "Plan of Merger").
- [F2]Includes 1,500 shares acquired under the Issuer's 2011 Employee Stock Purchase Plan on July 16, 2014.
- [F3]Pursuant to the Plan of Merger, the award was cancelled in exchange for an option to purchase 27,391 shares of SanDisk's common stock at an exercise price of $94.20 and is subject to the same vesting and expiration schedules as the original grant.
- [F4]The option vests as to 1/4 of the shares subject to the grant on October 14, 2014 and 1/48 of the shares subject to the grant each month thereafter, subject to the Reporting Person's continued service to the Issuer through such dates.
- [F5]Pursuant to the Plan of Merger, the award was cancelled in exchange for 13,695 restricted stock units of SanDisk common stock and is subject to the same vesting schedule as the original award.
- [F6]The award vests as to 1/4 of the shares subject to the award on November 15, 2014 and then 1/16 of the shares subject to the award will vest every three months thereafter, subject to the Reporting Person's continued service to the Issuer through such dates.
Documents
Issuer
FUSION-IO, INC.
CIK 0001383729
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001383729
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 8:17 PM ET
- Size
- 10.8 KB