QLIK TECHNOLOGIES INC 4

Accession 0001209191-16-138101

CIK 0001305294operating

View on SEC.gov Company Profile

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 4:28 PM ET

Size

37.2 KB

Accession

0001209191-16-138101

Insider Transaction Report

Form 4

Period: 2016-08-22

QLIK TECHNOLOGIES INCQLIK

Johnson Dennis

Chief Accounting Officer

Transactions

Disposition to Issuer
Common Stock
2016-08-22−6,704→ 0 total
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$8.24/sh−23,600$194,464→ 0 total
Exercise: $22.26Exp: 2022-06-07→ Common Stock (23,600 underlying)
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$0.78/sh−15,100$11,778→ 0 total
Exercise: $29.72Exp: 2023-06-07→ Common Stock (15,100 underlying)
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$6.89/sh−15,000$103,350→ 0 total
Exercise: $23.61Exp: 2021-03-07→ Common Stock (15,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$0.76/sh−10,000$7,600→ 0 total
Exercise: $29.74Exp: 2021-11-07→ Common Stock (10,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$11.26/sh−25,000$281,500→ 0 total
Exercise: $19.24Exp: 2022-12-07→ Common Stock (25,000 underlying)
Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-08-22$7.82/sh−15,200$118,864→ 0 total
Exercise: $22.68Exp: 2024-06-06→ Common Stock (15,200 underlying)
Disposition to Issuer
Restricted Stock Unit
2016-08-22$30.50/sh−13,400$408,700→ 0 total
→ Common Stock (13,400 underlying)
Disposition to Issuer
Restricted Stock Unit
2016-08-22$30.50/sh−3,525$107,513→ 0 total
→ Common Stock (3,525 underlying)
Disposition to Issuer
Restricted Stock Unit
2016-08-22$30.50/sh−3,600$109,800→ 0 total
→ Common Stock (3,600 underlying)
Disposition to Issuer
Restricted Stock Unit
2016-08-22$30.50/sh−775$23,638→ 0 total
→ Common Stock (775 underlying)

Footnotes (13)

[F1]Disposed of pursuant to the Agreement and Plan of Merger between Issuer, Project Alpha Holding, LLC and Project Alpha Merger Corp. (the "Merger Agreement"), whereby, immediately prior to the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were converted into the right to receive $30.50 per share in cash and, when so converted, automatically cancelled.
[F10]Not applicable.
[F11]The RSU, which provided for vesting in 4 equal annual installments beginning on June 5, 2016, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
[F12]The RSU, which provided for vesting in 4 equal annual installments beginning on June 6, 2015, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
[F13]The RSU, which provided for vesting in 4 equal annual installments beginning on June 7, 2014, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
[F2]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on March 7, 2012 (the "2012 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2012 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2012 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F3]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on November 7, 2012 (the "11/2012 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 11/2012 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 11/2011 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F4]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on June 7, 2013 (the "2013 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2013 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2013 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F5]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on December 7, 2013 (the "12/2013 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 12/2013 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 12/2013 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F6]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on June 7, 2014 (the "2014 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2014 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2014 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F7]This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on June 6, 2015 (the "2015 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2015 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2015 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
[F8]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
[F9]The RSU, which provided for vesting in 4 equal annual installments beginning on March 7, 2017, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

QLIK TECHNOLOGIES INC

CIK 0001305294

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001305294

Filing Metadata

Form type: 4
Filed: Aug 21, 8:00 PM ET
Accepted: Aug 22, 4:28 PM ET
Size: 37.2 KB

View on SEC.gov