RE/MAX Holdings, Inc. 4
4 · RE/MAX Holdings, Inc. · Filed Nov 25, 2015
Insider Transaction Report
Form 4
Liniger David L.
Director10% Owner
Transactions
- Conversion
Class A Common Stock
2015-11-24+4,500,000→ 4,500,000 total(indirect: By RIHI, Inc.) - Sale
Class A Common Stock
2015-11-24$36.00/sh−4,500,000$162,000,000→ 0 total(indirect: By RIHI, Inc.) - Conversion
Common Units of RMCO, LLC
2015-11-24−4,500,000→ 13,234,600 total(indirect: By RIHI, Inc.)→ Class A Common Stock of RE/MAX Holdings, Inc. (4,500,000 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Fourth Amended and Restated RMCO, LLC Agreement, common units of RMCO, LLC were redeemed on a one-for-one basis for, at RE/MAX Holdings, Inc.'s option, shares of Class A common stock.
- [F2]Represents securities owned by RIHI, Inc. Dave Liniger, along with his wife, Gail Liniger, have dispositive, voting and investment control over such common units of RMCO, LLC.
- [F3]Pursuant to the terms of the Fourth Amended and Restated RMCO, LLC Agreement, common units of RMCO, LLC are redeemable, at the election of the holder, for, at RE/MAX Holdings, Inc.'s option, newly issued shares of Class A common stock of RE/MAX Holdings, Inc. on a one-for-one basis or a cash payment equal to the market price of one share of Class A common stock (subject to customary adjustments, including conversion rate adjustments, underwriting discounts, commissions and adjustments for stock splits, stock dividends and reclassifications).