4//SEC Filing
Everyday Health, Inc. 4
Accession 0001209191-16-153734
CIK 0001358483operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 6:00 PM ET
Size
27.2 KB
Accession
0001209191-16-153734
Insider Transaction Report
Form 4
Rho Ventures II Holdings LLC
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying)
Rho Investment Partners Holdings LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote)
LESCHLY MARK
10% Owner
Transactions
- Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote)
Rho Capital Partners LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying)
Rho Ventures III Holdings LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying)
Rho Ventures Partners Holdings LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying)
RUCH JOSHUA
10% Owner
Transactions
- Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying) - Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote)
RHO Ventues VI LP
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying)
RMV VI, L.L.C.
10% Owner
Transactions
- Disposition from Tender
Common Stock
2016-12-03$10.50/sh−4,397,630$46,175,115→ 176,690 total(indirect: See Footnote) - Exercise of In-Money
Call Option (Obligation to Sell)
2016-12-05−176,690→ 0 total(indirect: See Footnote)Exercise: $0.00→ Common Stock (176,690 underlying) - Exercise of In-Money
Common Stock
2016-12-05$0.00/sh−176,690$18→ 0 total(indirect: See Footnote)
Footnotes (10)
- [F1]Disposed of pursuant to a cash tender offer conducted in accordance with the Agreement and Plan of Merger (the "Merger Agreement"), dated October 21, 2016, among the Issuer, Ziff Davis, LLC, a Delaware limited liability company (the "Parent"), Project Echo Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent ("Purchaser") and j2 Global, Inc. in exchange for cash consideration of $10.50 per share, without interest and less any applicable tax withholding. Pursuant to the Merger Agreement, the Purchaser merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent (the "Merger").
- [F10]The Performance Warrant was scheduled to expire, if not previously exercised, upon the last day of the year in which the Trigger Date occurred.
- [F2]Shares disposed of pursuant to the cash tender offer conducted in accordance with the Merger Agreement were held as follows: (a) 2,445,350 shares held by Rho Ventures VI, L.P. ("RV VI"); (b) 594,631 shares held by Rho Ventures III Holdings LLC ("RV III"); (c) 895,680 shares held by Rho Investment Partners Holdings LLC ("RIP Holdings"); (d) 856 shares held by Rho Capital Partners LLC ("RCP"); (e) 84,754 shares held by Pinnacle Investment Partners "Q-4", L.P. ("Q-4"); (f) 59,311 shares held by Joshua Ruch ("Ruch"); (g) 313,914 shares held in an account managed by Ruch (the "Managed Account"); (h) 270 shares held in trusts for Ruch's children and in respect of which Ruch is a trustee; and (i) 2,864 shares held by Mark Leschly ("Leschly").
- [F3]RMV VI, L.L.C. ("RMV VI") is the general partner of RV VI and RCP is the managing member of RMV VI, RV III, Rho Ventures II Holdings LLC ("RV II"), Rho Venture Partners Holdings LLC ("RVP Holdings") and RIP Holdings. As such, RMV VI and RCP possess power to direct the voting and disposition of the shares owned by RV VI, RV III, RV II, RVP Holdings and RIP Holdings and may be deemed to have indirect beneficial ownership of the shares held by RV VI, RV III, RV II, RVP Holdings and RIP Holdings. RMV VI holds no shares of the Issuer directly. Ruch, Habib Kairouz and Leschly are managing members of RCP and as such possess power to direct the voting and disposition of the shares owned by RV VI, RV III, RV II, RVP Holdings, RIP Holdings and RCP and may be deemed to have indirect beneficial ownership of the shares held by RV VI, RV III, RV II, RVP Holdings, RIP Holdings and RCP.
- [F4]Pinnacle Management Partners LLC ("PMP") is the general partner of Q4 and RUGU Partners LLC ("Rugu") is the managing member of PMP. As such, PMP and Rugu possess power to direct the voting and disposition of the shares owned by Q4 and may be deemed to have indirect beneficial ownership of the shares held by Q4. PMP and Rugu hold no shares of the Issuer directly. Ruch is the managing member of Rugu and as such possesses power to direct the voting and disposition of the shares owned Q4 and may be deemed to have indirect beneficial ownership of the shares held by Q4.
- [F5]Represents shares underlying a performance warrant (the "Performance Warrant") granted to Benjamin Wolin and Michael Keriakos, the founders of the Issuer, as reflected in the Performance Warrant Agreement, as amended (the "Performance Warrant Agreement"), by and among the Reporting Person, Mr. Wolin, Mr. Keriakos and certain other stockholders of the Issuer.
- [F6]Disposed of pursuant to the exercise of the Performance Warrant, as described in footnote (9) below.
- [F7]Shares disposed of pursuant to the exercise of the Performance Warrant were held as follows: (a) 27,725 shares held by RV III; (b) 30,931 shares held by RV II; (c) 58,712 shares held by RVP Holdings; (d) 53,586 shares held by RIP Holdings; (e) 51 shares held by RCP; (f) 5,070 shares held by Q4; (g) 5 shares held by Ruch; and (h) 610 shares held by the Managed Account.
- [F8]Represents the Performance Warrant.
- [F9]Pursuant to the Performace Warrant Agreement, and subject to the terms and conditions thereof, beginning on January 1, 2017, the Performance Warrant was to become exercisable, subject to the potential acceleration of exercisability upon the occurrence of a change in control of the Issuer (the "Trigger Date"). Because the Merger constituted a change in control, the Trigger Date occurred on, and the Performance Warrant was exercised effective as of, December 5, 2016.
Documents
Issuer
Everyday Health, Inc.
CIK 0001358483
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001358483
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 6:00 PM ET
- Size
- 27.2 KB