4//SEC Filing
XOOM Corp 4
Accession 0001209191-15-080126
CIK 0001315657operating
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 8:00 PM ET
Size
7.9 KB
Accession
0001209191-15-080126
Insider Transaction Report
Form 4
XOOM CorpXOOM
Killalea Peter Thomas
Director
Transactions
- Disposition to Issuer
Common Stock
2015-11-12$25.00/sh−7,849$196,225→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-12−17,301→ 0 totalExercise: $19.11Exp: 2025-05-28→ Common Stock (17,301 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to a merger agreement between the Issuer, PayPal, Inc., Timer Acquisition Corp., and PayPal Holdings, Inc., dated July 1, 2015 (the "Merger Agreement") in exchange for a cash payment of $25.00 per share, without interest. The shares represent a grant of restricted stock units that originally provided for vesting in three annual installments from May 28, 2015. The units became fully vested immediately prior to the effective time of the merger in accordance with the Issuer's non-employee director compensation policy.
- [F2]This option originally provided for vesting in three annual installments after May 28, 2015. The option became fully vested immediately prior to the effective time of the merger in accordance with the Issuer's non-employee director compensation policy, and was cancelled, terminated and extinguished pursuant to the Merger Agreement in exchange for a cash payment in the amount by which the per share merger price of $25.00 exceeded the exercise price of the option as of the effective time of the merger, without interest.
Documents
Issuer
XOOM Corp
CIK 0001315657
Entity typeoperating
Related Parties
1- filerCIK 0001315657
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 8:00 PM ET
- Size
- 7.9 KB