Home/Filings/4/0001209191-14-052715
4//SEC Filing

ZIPREALTY INC 4

Accession 0001209191-14-052715

CIK 0001142512operating

Filed

Aug 14, 8:00 PM ET

Accepted

Aug 15, 4:38 PM ET

Size

30.2 KB

Accession

0001209191-14-052715

Insider Transaction Report

Form 4
Period: 2014-08-13
Transactions
  • Disposition from Tender

    Common Stock

    2014-08-13$6.75/sh17,000$114,7500 total
  • Disposition to Issuer

    Stock Optoin (right to buy)

    2014-08-14$4.28/sh6,666$28,5300 total
    Exercise: $2.47Exp: 2021-06-01Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$3.26/sh6,666$21,7310 total
    Exercise: $3.49Exp: 2020-05-19Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$3.55/sh6,666$23,6640 total
    Exercise: $3.20Exp: 2019-05-20Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$1.78/sh6,666$11,8650 total
    Exercise: $4.97Exp: 2018-05-20Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-146,6660 total
    Exercise: $7.69Exp: 2017-05-23Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-146,6660 total
    Exercise: $9.07Exp: 2016-05-24Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-146,6660 total
    Exercise: $14.08Exp: 2015-05-09Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$5.50/sh50,000$275,0000 total
    Exercise: $1.25Exp: 2022-03-07Common Stock (50,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$5.39/sh6,666$35,9300 total
    Exercise: $1.36Exp: 2022-06-06Common Stock (6,666 underlying)
  • Disposition to Issuer

    Srock Option (right to buy)

    2014-08-14$3.82/sh6,666$25,4640 total
    Exercise: $2.93Exp: 2023-05-29Common Stock (6,666 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2014-08-14$3.70/sh6,666$24,6640 total
    Exercise: $3.05Exp: 2024-06-04Common (6,666 underlying)
Footnotes (3)
  • [F1]Pursuant to an Agreement and Plan of Merger dated as of July 15, 2014, among the Issuer, Realogy Group LLC, and Honeycomb Acquisition, Inc. ("Purchaser"), a wholly owned indirect subsidiary of Realogy Group LLC: (i) on August 13, 2014, Purchaser accepted all the shares of the Issuer's common stock tendered to it at a price of $6.75 per share in cash, at which time each outstanding and unvested option to purchase shares of the Issuer's common stock vested in full; and (ii) on August 14, 2014, Purchaser was merged with and into the Issuer, at which time each outstanding share of the Issuer's common stock was converted into the right to receive $6.75 in cash, and each outstanding option to purchase shares of the Issuer's common stock was cancelled in exchange for a cash payment equal to $6.75 less the option exercise price, in each case payable without interest and less any required withholding taxes. All transactions reported in this Form 4 relate to the foregoing events.
  • [F2]All of the shares subject to the option have vested and become exercisable.
  • [F3]Any option with an exercise price greater than or equal to $6.75 per share was cancelled at the effective time of the merger without the payment of any consideration.

Issuer

ZIPREALTY INC

CIK 0001142512

Entity typeoperating

Related Parties

1
  • filerCIK 0001142512

Filing Metadata

Form type
4
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 4:38 PM ET
Size
30.2 KB