Shields Robert P. 4
4 · WEST CORP · Filed Oct 12, 2017
Insider Transaction Report
Form 4
WEST CORPWSTC
Shields Robert P.
Chief Accounting Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2017-10-10−5,625→ 0 totalExercise: $25.52Exp: 2022-03-30→ Common Stock (5,625 underlying) - Disposition to Issuer
Common Stock
2017-10-10$23.50/sh−13,002$305,547→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-10-10−1,875→ 0 totalExercise: $33.52Exp: 2022-03-30→ Common Stock (1,875 underlying)
Footnotes (2)
- [F1]Represents shares of common stock that were cancelled and converted into the right to receive $23.50 per share pursuant to the merger agreement among the Issuer, Mount Olympus Holdings, Inc. and Olympus Merger Sub, Inc., dated as of May 9, 2017 (the "Merger Agreement"). The right to receive the merger consideration with respect to 2,719 of the shares remains subject to certain vesting conditions.
- [F2]Pursuant to the Merger Agreement, this option was cancelled as of October 10, 2017 in exchange for no consideration.