Remondi Stephen A. 4
4 · EXA CORP · Filed Nov 17, 2017
Insider Transaction Report
Form 4
EXA CORPEXA
Remondi Stephen A.
DirectorCEO & President
Transactions
- Disposition to Issuer
Common Stock
2017-11-17$24.25/sh−372,850$9,041,613→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$9.05/sh−34,421$311,510→ 0 totalExercise: $15.20→ Common Stock (34,421 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$12.87/sh−31,996$411,789→ 0 totalExercise: $11.38→ Common Stock (31,996 underlying) - Disposition to Issuer
Restricted Stock Units
2017-11-17−70,500→ 0 total→ Common Stock (70,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$12.87/sh−6,465$83,205→ 0 totalExercise: $11.38→ Common Stock (6,465 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$9.05/sh−5,579$50,490→ 0 totalExercise: $15.20→ Common Stock (5,579 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2017-11-17$14.98/sh−25,360$379,893→ 0 totalExercise: $9.27→ Common Stock (25,360 underlying)
Footnotes (8)
- [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 $1,709,625.00 (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 $411,788.52 (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 $83,204.55 (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 $50,489.95 (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 $311,510.05 (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 $379,892.80 (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).