PROCERA NETWORKS, INC. 4
4 · PROCERA NETWORKS, INC. · Filed Jun 5, 2015
Insider Transaction Report
Form 4
Slavin William Edward
Director
Transactions
- Disposition to Issuer
NQ - Stock Option (Right to Buy)
2015-06-05−5,000→ 0 totalExercise: $4.80From: 2010-11-12Exp: 2020-11-12→ Common Stock (5,000 underlying) - Disposition from Tender
Common Stock
2015-06-04−15,946→ 0 total
Footnotes (2)
- [F1]The Reporting Person tendered the shares in exchange for $11.50 per share, net to the Reporting Person in cash, without interest and subject to deduction for any required withholding of taxes, in the tender offer made pursuant to the Agreement and Plan of Merger, dated April 21, 2015, by and among the Issuer, KDR Holding, Inc. and KDR Acquisition, Inc. (the "Merger Agreement").
- [F2]This option was canceled pursuant to the terms of the Merger Agreement and converted into an amount in cash equal to the product of (a) the excess of $11.50 over the exercise price of this option, and (b) the number of shares subject to this option.