4//SEC Filing
LINKEDIN CORP 4
Accession 0001209191-16-154503
CIK 0001271024operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 5:51 PM ET
Size
20.4 KB
Accession
0001209191-16-154503
Insider Transaction Report
Form 4
LINKEDIN CORPLNKD
Gamson Michael
SVP, Global Sales
Transactions
- Disposition to Issuer
Class B Common Stock
2016-12-08−106,668→ 0 total→ Class A Common Stock (106,668 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-12-08−35,461→ 0 totalExercise: $170.46From: 2015-04-01Exp: 2023-04-01→ Class A Common Stock (35,461 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-12-08−15,018→ 0 totalExercise: $267.20From: 2015-03-01Exp: 2025-03-01→ Class A Common Stock (15,018 underlying) - Disposition to Issuer
Class A Common Stock
2016-12-08−55,851→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-12-08−4→ 0 totalExercise: $19.63From: 2012-02-16Exp: 2021-02-16→ Class A Common Stock (4 underlying) - Disposition to Issuer
Class A Common Stock
2016-12-08−4,106→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2016-12-08−17,676→ 0 totalExercise: $204.04From: 2015-02-28Exp: 2024-02-28→ Class A Common Stock (17,676 underlying)
Footnotes (8)
- [F1]The shares of Class A Common Stock were cancelled pursuant to the Agreement and Plan of Merger, dated June 11, 2016, between the Issuer, Microsoft Corporation and Liberty Merger Sub Inc. (the "Merger Agreement") in exchange for a cash payment of $196 per share (the "Merger Consideration").
- [F2]Disposed of pursuant to the Merger Agreement, in exchange for the Merger Consideration.
- [F3]Pursuant to the Merger Agreement, unvested restricted stock units ("RSUs") were substituted with RSUs for a number of shares of Microsoft Corporation common stock equal to 55,851 multiplied by a fraction, the numerator of which is the Merger Consideration, and the denominator of which is the volume weighted average price per share of Microsoft Corporation common stock on Nasdaq for the five consecutive trading days ending with December 7, 2016 (the "Ratio"), rounded down to the nearest whole share, vesting on the same terms.
- [F4]The shares of Class B Common Stock were cancelled pursuant to the Merger Agreement in exchange for the Merger Consideration.
- [F5]The stock option was granted on February 16, 2011 for 369,906 shares, of which 369,902 shares have been exercised. 4 vested shares subject to the stock option were cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between the Merger Consideration and the per share exercise price of the stock option, multiplied by (y) the number of disposed vested stock option shares.
- [F6]The stock option was cancelled pursuant to the Merger Agreement in exchange for a cash payment price equal to (x) the difference between the Merger Consideration and the per share exercise price of the option, multiplied by (y) the number of disposed vested stock option shares.
- [F7]The stock option was granted on March 1, 2013 for 35,461 shares (the "Issuer Stock Option"). 14,775 vested shares subject to the Issuer Stock Option were cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to (x) the difference between the Merger Consideration and the per share exercise price of the Issuer Stock Option (the "Exercise Price"), multiplied by (y) the number of disposed vested stock option shares. 20,686 unvested shares subject to the Issuer Stock Option were substituted by Microsoft Corporation with an option to purchase a number of shares of Microsoft Corporation common stock equal to 20,686 multiplied by the Ratio, and a per share exercise price equal to the Exercise Price divided by the Ratio, rounded up to the nearest whole cent, vesting on the same terms.
- [F8]The stock option was cancelled pursuant to the Merger Agreement, whereby the per share exercise price of the stock option is equal to or greater than the Merger Consideration.
Documents
Issuer
LINKEDIN CORP
CIK 0001271024
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001271024
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 5:51 PM ET
- Size
- 20.4 KB