tw telecom inc. 4
4 · tw telecom inc. · Filed Nov 4, 2014
Insider Transaction Report
Form 4
tw telecom inc.TWTC
HERDA LARISSA
DirectorChairman, CEO, President
Transactions
- Disposition to Issuer
Common Stock
2014-10-31−1,466,028→ 0 total - Disposition to Issuer
Common Stock
2014-10-31−4,227→ 0 total(indirect: By Son) - Disposition to Issuer
Common Stock
2014-10-31−4,227→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]Includes 240,953 restricted stock units and 472,310 shares of restricted stock that vested pursuant to their terms upon consummation of the Merger (as defined below) on October 31, 2014, were cancelled, and, in exchange, each holder thereof received the Merger Consideration (as defined below).
- [F2]Disposition pursuant to the merger ("Merger") of Saturn Merger Sub 1, LLC ("MS1") into tw telecom inc. ("twtc") pursuant to the Agreement and Plan of Merger by and between Level 3 Communications, Inc. ("Level 3"), MS1, Saturn Merger Sub 2 and twtc, with the Merger being a transaction exempt under Rule 16b-3(e). In the Merger, each share of twtc common stock was converted into (A) 0.70 fully paid and nonassessable shares of common stock of Level 3 and (B) the right to receive $10.00 in cash (together, the "Merger Consideration").
- [F3]Merger Consideration.