4//SEC Filing
XOOM Corp 4
Accession 0001209191-15-080133
CIK 0001315657operating
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 8:10 PM ET
Size
15.5 KB
Accession
0001209191-15-080133
Insider Transaction Report
Form 4
XOOM CorpXOOM
ROBERTS MATTHEW
Director
Transactions
- Disposition to Issuer
Common Stock
2015-11-12$25.00/sh−3,924$98,100→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-12−139,321→ 0 totalExercise: $6.84Exp: 2022-01-18→ Common Stock (139,321 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-12−16,090→ 0 totalExercise: $25.38Exp: 2023-07-18→ Common Stock (16,090 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-12−11,259→ 0 totalExercise: $22.68Exp: 2024-05-29→ Common Stock (11,259 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-11-12−9,179→ 0 totalExercise: $19.11Exp: 2025-05-28→ Common Stock (9,179 underlying)
Footnotes (5)
- [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 one installment on May 28, 2016. 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 forty-eight monthly installments after January 18, 2012. 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.
- [F3]This option, which provided for vesting in three annual installments from July 18, 2013, was cancelled, terminated and extinguished for no consideration pursuant to the Merger Agreement because the exercise price of such option exceeded the per share merger price of $25.00.
- [F4]This option, which vested in one installment on May 29, 2015, 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.
- [F5]This option originally provided for vesting in one installment on May 28, 2016. 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, 8:10 PM ET
- Size
- 15.5 KB