Hoch James E. 4
4 · EXA CORP · Filed Nov 17, 2017
Insider Transaction Report
Form 4
EXA CORPEXA
Hoch James E.
VP of Software Development
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$12.87/sh−26,923$346,499→ 0 totalExercise: $11.38→ Common Stock (26,923 underlying) - Disposition to Issuer
Restricted Stock Units
2017-11-17−33,750→ 0 total→ Common Stock (33,750 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$9.05/sh−1,880$17,014→ 0 totalExercise: $15.20→ Common Stock (1,880 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$9.05/sh−18,120$163,986→ 0 totalExercise: $15.20→ Common Stock (18,120 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$10.35/sh−7,468$77,294→ 0 totalExercise: $13.90→ Common Stock (7,468 underlying) - Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−161,297$3,911,452→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$10.35/sh−7,532$77,956→ 0 totalExercise: $13.90→ Common Stock (7,532 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$14.98/sh−10,144$151,957→ 0 totalExercise: $9.27→ Common Stock (10,144 underlying)
Footnotes (9)
- [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 $818,437.50 (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 $77,956.20 (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 $77,293.80 (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 $17,014.00 (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 $163,986.00 (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).
- [F8]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $151,957.12 (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).
- [F9]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $346,499.01 (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).