4//SEC Filing
Ritzcovan Elizabeth 4
Accession 0001209191-18-007323
CIK 0001330421other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 12:15 PM ET
Size
18.9 KB
Accession
0001209191-18-007323
Insider Transaction Report
Form 4
Ritzcovan Elizabeth
Chief Revenue Officer
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2018-02-01$1.14/sh−131,771$150,219→ 0 totalExercise: $4.36Exp: 2025-12-08→ Common Stock (131,771 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2018-02-01$1.56/sh−20,834$32,501→ 29,169 totalExercise: $3.94Exp: 2023-06-07→ Common Stock (20,834 underlying) - Disposition to Issuer
Common Stock
2018-02-01$5.50/sh−215,837$1,187,104→ 0 total - Award
Common Stock
2018-02-01+60,003→ 265,982 total - Disposition to Issuer
Common Stock
2018-02-01$5.50/sh−50,145$275,798→ 215,837 total - Disposition to Issuer
Stock Options (Right to Buy)
2018-02-01$1.14/sh−143,229$163,281→ 131,771 totalExercise: $4.36Exp: 2025-12-08→ Common Stock (143,229 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2018-02-01$1.56/sh−29,169$45,504→ 0 totalExercise: $3.94Exp: 2023-06-07→ Common Stock (29,169 underlying)
Footnotes (5)
- [F1]The reporting person was previously granted restricted stock units that would vest upon the satisfaction of certain performance criteria, which criteria were deemed satisfied at 100% of target in accordance with the Merger Agreement (as defined below), resulting in the deemed vesting of the reported shares.
- [F2]Disposed of pursuant to the Agreement and Plan of Merger, by and among BV Parent, LLC, BV Merger Sub, Inc. and Bazaarvoice, Inc. (the "Issuer"), dated November 26, 2017 (as amended, the "Merger Agreement"), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the "Effective Time") of the merger (the "Merger") and converted into the right to receive a cash payment of $5.50 per share.
- [F3]Disposed of pursuant to the Merger Agreement, whereby such unvested restricted stock units ("RSUs") were cancelled at the Effective Time in exchange for the right to receive future cash payments in the amount of $5.50 per terminated RSU (the "RSU Payment"). Pursuant to the Merger Agreement, 30% of the RSU Payment was paid in cash and 70% of the RSU Payment will be paid in accordance with the RSU's original vesting schedule.
- [F4]Disposed of pursuant to the Merger Agreement, whereby such vested options were cancelled at the Effective Time and converted into the right to receive a total amount in cash, equal to the product of (x) excess of $5.50 over the exercise price per share of each stock option and (y) the number of shares underlying such stock option.
- [F5]Disposed of pursuant to the Merger Agreement whereby such unvested options were cancelled at the Effective Time and converted into the right to receive a total amount in cash equal to the product of (x) the excess, if any, of $5.50 over the exercise price per share of each such unvested option, and (y) the number of shares underlying such unvested options (the "Unvested Option Payment"). Pursuant to the Merger Agreement, 30% of the Unvested Option Payment was paid in cash and 70% of the Unvested Option Payment will be paid pursuant to the unvested options original vesting schedule.
Documents
Issuer
Bazaarvoice Inc
CIK 0001330421
Entity typeother
Related Parties
1- filerCIK 0001627856
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 12:15 PM ET
- Size
- 18.9 KB