4//SEC Filing
PODUSKA JOHN WILLIAM SR 4
Accession 0001209191-17-061515
CIK 0000890264other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:39 PM ET
Size
16.8 KB
Accession
0001209191-17-061515
Insider Transaction Report
Form 4
EXA CORPEXA
PODUSKA JOHN WILLIAM SR
Director
Transactions
- Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−50,192$1,217,156→ 0 total(indirect: See footnote) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$8.93/sh−2,582$23,057→ 0 totalExercise: $15.32→ Common Stock (2,582 underlying) - Disposition to Issuer
Restricted Stock Units
2017-11-17−5,353→ 0 total→ Common Stock (5,353 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$12.87/sh−38,461$494,993→ 0 totalExercise: $11.38→ Common Stock (38,461 underlying) - Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−66,574$1,614,420→ 0 total - Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−15,300$371,025→ 0 total(indirect: See footnote)
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]Represents shares purchased for a trust account over which the reporting person exercises investment control. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F3]Shares held by Poduska Family Limited Partnership II. Belmont Management Corporation of which the reporting person's five adult children own all the issued and outstanding shares, is the general partner of Poduska Family Limited Partnership II. The reporting person, under an agreement between Belmont Management Corporation and Eagle's Nest Scientific, Inc., which is wholly owned by the reporting person and of which the reporting person is the president, treasurer and sole director, exercises sole voting and investment power over the shares held by Poduska Family Limited Partnership II.
- [F4]Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.
- [F5]Upon the effectiveness of the Merger, the restricted stock units became fully vested and were canceled in exchange for a cash payment of $129,810.25 (representing a price of $24.25 per restricted stock unit).
- [F6]Upon the effectiveness of the Merger, the option was canceled in exchange for a cash payment of $23,057.26 (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 $494,993.07 (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).
Documents
Issuer
EXA CORP
CIK 0000890264
Entity typeother
Related Parties
1- filerCIK 0001190078
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 4:39 PM ET
- Size
- 16.8 KB