Prentiss Michael A 4
4 · Fogo de Chao, Inc. · Filed Apr 9, 2018
Insider Transaction Report
Form 4
Prentiss Michael A
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2018-04-05$15.75/sh−26,700$420,525→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2018-04-05−148,170→ 0 totalExercise: $7.64Exp: 2022-07-20→ Common Stock (148,170 underlying) - Disposition to Issuer
Stock Options (right to buy)
2018-04-05−53,463→ 0 totalExercise: $15.27Exp: 2022-07-20→ Common Stock (53,463 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 the closing of 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 5,748 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.