4//SEC Filing
Merchant Shehzad 4
Accession 0001209191-17-067370
CIK 0001484504other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 1:32 PM ET
Size
18.6 KB
Accession
0001209191-17-067370
Insider Transaction Report
Form 4
Gigamon Inc.GIMO
Merchant Shehzad
Chief Strategy Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2017-12-27−4,791→ 0 totalExercise: $30.51Exp: 2024-02-14→ Common Stock (4,791 underlying) - Disposition to Issuer
Stock Option (right to buy)
2017-12-27−29,167→ 0 totalExercise: $21.44Exp: 2022-02-17→ Common Stock (29,167 underlying) - Disposition to Issuer
Performance Shares
2017-12-27−25,000→ 0 totalExercise: $0.00→ Common Stock (25,000 underlying) - Disposition from Tender
Common Stock
2017-12-27−69,975→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2017-12-27−8,681→ 0 totalExercise: $14.70Exp: 2023-04-30→ Common Stock (8,681 underlying) - Disposition to Issuer
Performance-Based Restricted Stock Units
2017-12-27−18,689→ 0 totalExercise: $0.00→ Common Stock (18,689 underlying)
Footnotes (7)
- [F1]Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive shares of Common Stock of the Issuer. The RSUs were cancelled pursuant to that certain Merger Agreement, dated October 26, 2017, between the Issuer, Ginsberg Holdco, Inc. and Ginsberg Merger Sub, Inc. (the "Merger Agreement"), in exchange for a cash payment of $38.50 per share.
- [F2]Disposed of pursuant to the Merger Agreement, in exchange for a cash payment of $38.50 per share.
- [F3]The option, originally for 83,333 shares and of which an aggregate of 74,652 shares have been exercised, which provided for vesting of 25% of the option on March 29, 2014 with the remaining shares vesting in thirty six equal monthly installments thereafter, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to the difference between $38.50 and the per share exercise price of the option.
- [F4]The option, originally for 14,371 shares and of which 9,580 shares have been exercised, which provided for vesting of 25% of the option on February 14, 2015 with the remaining shares vesting in thirty six equal monthly installments thereafter, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to the difference between $38.50 and the per share exercise price of the option.
- [F5]The option, originally for 50,000 shares and of which an aggregate of 20,833 shares have been exercised, which provided for vesting of 25% of the option on February 17, 2016 with the remaining shares vesting in thirty six equal monthly installments thereafter, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment equal to the difference between $38.50 and the per share exercise price of the option.
- [F6]The performance-based RSUs, originally for 20,000 shares and reflected the target number and were to be based on the achievement of certain performance metrics for 2016 (and was later restated to reflect the achievement of approximately 150% of the performance criteria) for which the Reporting Person was eligible to receive up to 200% of the target number based on the achievement of the performance metrics and of which an aggregate of 11,211 shares have been exercised, was cancelled pursuant to the Merger Agreement, in exchange for a cash payment of $38.50 per share.
- [F7]The performance shares, which reflected the target number and were to be based on the achievement of certain performance metrics for 2017 and for which the Reporting Person was eligible to receive up to 200% of the target number based on the achievement of the performance metrics, was cancelled pursuant to the Merger Agreement for no consideration.
Documents
Issuer
Gigamon Inc.
CIK 0001484504
Entity typeother
Related Parties
1- filerCIK 0001577354
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 1:32 PM ET
- Size
- 18.6 KB