4//SEC Filing
Constant Contact, Inc. 4
Accession 0001209191-16-097145
CIK 0001405277operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 8:21 AM ET
Size
31.6 KB
Accession
0001209191-16-097145
Insider Transaction Report
Form 4
Hughes Joel A
SVP, Strategy/Corp Development
Transactions
- Disposition to Issuer
Common Stock
2016-02-09$32.00/sh−11,782$377,024→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2016-02-09−14,062→ 0 totalExercise: $28.76→ Common Stock (14,062 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-02-09−14,450→ 0 totalExercise: $13.09→ Common Stock (14,450 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−11,887→ 0 total→ Common Stock (11,887 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−937→ 0 total→ Common Stock (937 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-02-09−4,125→ 0 totalExercise: $13.75→ Common Stock (4,125 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−6,143→ 0 total→ Common Stock (6,143 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−5,490→ 0 total→ Common Stock (5,490 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−10,751→ 0 total→ Common Stock (10,751 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−8,461→ 0 total→ Common Stock (8,461 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−8,273→ 0 total→ Common Stock (8,273 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−7,251→ 0 total→ Common Stock (7,251 underlying)
Footnotes (8)
- [F1]Disposed of upon the effectiveness of the merger of Paintbrush Acquisition Corporation ("Paintbrush"), a wholly owned subsidiary of Endurance International Group Holdings, Inc. ("EIGI"), with and into the issuer on February 9, 2016 pursuant to a merger agreement dated October 30, 2015 by and among EIGI, Paintbrush and the issuer.
- [F2]Upon the effectiveness of the merger, the option was canceled in exchange for a cash payment of $45,560.88 (representing a price per share equal to the difference between the offer price of $32 per share and the exercise price of the option).
- [F3]Upon the effectiveness of the merger, options to purchase 5,780 shares of common stock were canceled in exchange for a replacement stock option award for shares of the common stock of EIGI, in an amount equal to the number of canceled options multiplied by the ratio of $32 divided by the average price of EIGI common stock during the ten consecutive trading days ending on February 5, 2016, the second-to-last trading day prior to the effective date of the merger. The remainder of the option was canceled in exchange for a cash payment of $163,949.70 (representing a price per share equal to the difference between the offer price of $32 per share and the exercise price of the option).
- [F4]Each restricted stock unit represented a contingent right to receive one share of issuer common stock.
- [F5]Upon the effectiveness of the merger, each restricted stock unit was canceled in exchange for a replacement restricted stock unit award for shares of the common stock of EIGI, in an amount equal to the number of canceled restricted stock units multiplied by the ratio of $32 divided by the average price of EIGI common stock during the ten consecutive trading days ending on February 5, 2016, the second-to-last trading day prior to the effective date of the merger.
- [F6]Upon the effectiveness of the merger, options to purchase 1,875 shares of common stock were canceled in exchange for a replacement stock option award for shares of the common stock of EIGI, in an amount equal to the number of canceled options multiplied by the ratio of $32 divided by the average price of EIGI common stock during the ten consecutive trading days ending on February 5, 2016, the second-to-last trading day prior to the effective date of the merger. The remainder of the option was canceled in exchange for a cash payment of $41,062.50 (representing a price per share equal to the difference between the offer price of $32 per share and the exercise price of the option).
- [F7]Upon the effectiveness of the merger, the restricted stock units vested and were exchanged for a cash payment of $175,680 (representing a price of $32 per restricted stock unit).
- [F8]Upon the effectiveness of the merger, the restricted stock units vested and were exchanged for a cash payment of $264,736 (representing a price of $32 per restricted stock unit).
Documents
Issuer
Constant Contact, Inc.
CIK 0001405277
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001405277
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 8:21 AM ET
- Size
- 31.6 KB