Gilbody Richard F. 4
4 · EXA CORP · Filed Nov 17, 2017
Insider Transaction Report
Form 4
EXA CORPEXA
Gilbody Richard F.
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2017-11-17−42,000→ 0 total→ Common Stock (42,000 underlying) - Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−34,000$824,500→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$15.64/sh−58,070$908,215→ 0 totalExercise: $8.61→ Common Stock (58,070 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$14.98/sh−12,679$189,931→ 0 totalExercise: $9.27→ Common Stock (12,679 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$14.98/sh−20,000$299,600→ 0 totalExercise: $9.27→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$15.64/sh−61,930$968,585→ 0 totalExercise: $8.61→ Common Stock (61,930 underlying)
Footnotes (7)
- [F1]Disposed of upon the effectiveness of the merger of 3DS Acquisition 3 Corp., Inc. ("3DS"), a wholly owned subsidiary of Dassault Systemes Simulia Corp. ("Dassault"), with and into the Issuer on November 17, 2017 pursuant to a merger agreement dated September 27, 2017 among Dassault, 3DS and the Issuer (the "Merger").
- [F2]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.
- [F3]Upon the effectiveness of the Merger, the restricted stock units became fully vested and were canceled in exchange for a cash payment of $1,018,500.00 (representing a price of $24.25 per restricted stock unit).
- [F4]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $968,585.20 (representing the difference between the merger consideration of $24.25 per share and the per share exercise price of the option multiplied by the number of shares subject to the option).
- [F5]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $908,214.80 (representing the difference between the merger consideration of $24.25 per share and the per share exercise price of the option multiplied by the number of shares subject to the option).
- [F6]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $299,600.00 (representing the difference between the merger consideration of $24.25 per share and the per share exercise price of the option multiplied by the number of shares subject to the option).
- [F7]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $189,931.42 (representing the difference between the merger consideration of $24.25 per share and the per share exercise price of the option multiplied by the number of shares subject to the option).