CEB Inc. 4
4 · CEB Inc. · Filed Apr 6, 2017
Insider Transaction Report
Form 4
CEB Inc.CEB
CORBET KATHLEEN A
Director
Transactions
- Disposition to Issuer
Common Stock
2017-04-05−4,006→ 0 total - Exercise/Conversion
Common Stock
2017-04-05+4,006→ 4,006 total - Exercise/Conversion
Restricted Stock Units
2017-04-05−4,006→ 0 totalFrom: 2017-04-05Exp: 2017-04-05→ Common Stock (4,006 underlying)
Footnotes (5)
- [F1]Represents the shares of common stock of CEB Inc. ("CEB") acquired upon vesting of the restricted stock units of CEB ("RSUs") beneficially owned by the reporting person on the effective date of the merger ("Merger") described in the Agreement and Plan of Merger ("Merger Agreement") dated as of January 5, 2017, among Gartner, Inc. ("Gartner"), Cobra Acquisition Corp. and CEB.
- [F2]Each RSU represented a right upon vesting to receive one share of CEB's common stock.
- [F3]Represents the disposition pursuant to the Merger Agreement of the shares underlying the RSUs beneficially owned by the reporting person on the effective date of the Merger.
- [F4]Disposed of pursuant to the Merger Agreement in exchange for per share consideration of (a) $54.00 in cash and (b) 0.2284 of a share of common stock of Gartner. Gartner common stock had a market value of $108.70 per share based on the closing price on the NYSE on the last trading day immediately preceding the Merger (April 4, 2017).
- [F5]Pursuant to the Merger Agreement, immediately prior to the consummation of the Merger, each outstanding and unvested RSU held by any non-employee director of CEB vested.