4//SEC Filing
Constant Contact, Inc. 4
Accession 0001209191-16-097151
CIK 0001405277operating
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 8:30 AM ET
Size
29.8 KB
Accession
0001209191-16-097151
Insider Transaction Report
Form 4
Surdan Kenneth J
Senior VP, Product
Transactions
- Disposition to Issuer
Common Stock
2016-02-09$32.00/sh−19,147$612,704→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2016-02-09−80,000→ 0 totalExercise: $19.14→ Common Stock (80,000 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
2016-02-09−10,576→ 0 total→ Common Stock (10,576 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−10,342→ 0 total→ Common Stock (10,342 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−9,065→ 0 total→ Common Stock (9,065 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−833→ 0 total→ Common Stock (833 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-02-09−23,120→ 0 totalExercise: $13.09→ Common Stock (23,120 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−7,295→ 0 total→ Common Stock (7,295 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−6,519→ 0 total→ Common Stock (6,519 underlying) - Disposition to Issuer
Restricted Stock Units
2016-02-09−12,766→ 0 total→ Common Stock (12,766 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, options to purchase 5,000 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 $964,500 (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]Each restricted stock unit represented a contingent right to receive one share of issuer common stock.
- [F4]Upon the effectiveness of the merger, 417 restricted stock units were 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. The remainder of the restricted stock units vested and were exchanged for a cash payment of $13,312 (representing a price of $32 per restricted stock unit).
- [F5]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 $327,899.40 (representing a price per share equal to the difference between the offer price of $32 per share and the exercise price of the option).
- [F6]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.
- [F7]Upon the effectiveness of the merger, the restricted stock units vested and were exchanged for a cash payment of $208,608 (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 $330,944 (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, 8:30 AM ET
- Size
- 29.8 KB