Johnson Lawrence J 4
4 · Fogo de Chao, Inc. · Filed Apr 9, 2018
Insider Transaction Report
Form 4
Johnson Lawrence J
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2018-04-05$15.75/sh−120,566$1,898,915→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2018-04-05−417,525→ 0 totalExercise: $7.64Exp: 2022-07-20→ Common Stock (417,525 underlying) - Disposition to Issuer
Stock Options (right to buy)
2018-04-05−120,929→ 0 totalExercise: $15.27Exp: 2022-07-20→ Common Stock (120,929 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the consummation of the transactions contemplated by the merger agreement between issuer and affiliates of Rhone Capital for cash payment of $15.75 per share on the closing date of the merger.
- [F2]In connection with closing of the the merger, all restrictions on each share of restricted issuer stock outstanding, including all restrictions related to performance-based vesting conditions,lapsed and all such shares were canceled in exchange for payment of $15.75 per share and retired. Reporting person held 42,001 restricted shares prior to the merger.
- [F3]This option, which provided for vesting in five annual installments beginning one year after the grant date, was canceled in the merger in exchange for the per share cash payment of $8.11, representing the difference between the exercise price of the option and $15.75, the per share merger consideration for the issuer's common stock on the closing date of the merger.
- [F4]This option, which provided for vesting in five annual installments beginning one year after the grant date, was canceled in the merger in exchange for the per share cash payment of $0.48, representing the difference between the exercise price of the option and $15.75, the per share merger consideration for the issuer's common stock on the closing date of the merger.