4//SEC Filing
Parmett Simon 4
Accession 0001209191-18-027818
CIK 0001374684other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 6:10 PM ET
Size
27.0 KB
Accession
0001209191-18-027818
Insider Transaction Report
Form 4
MULESOFT, INCMULE
Parmett Simon
President, Field Operations
Transactions
- Disposition from Tender
Class A Common Stock
2018-05-01−142,779→ 86,550 total - Disposition to Issuer
Class A Common Stock
2018-05-02−86,550→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$19.79/sh−250,000$4,947,500→ 0 totalExercise: $7.28Exp: 2026-06-16→ Class B Common Stock (250,000 underlying) - Conversion
Class B Common Stock
2018-05-01−141,326→ 0 total→ Class A Common Stock (141,326 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$7.07/sh−180,000$1,272,600→ 0 totalExercise: $2.60Exp: 2025-02-03→ Class B Common Stock (180,000 underlying) - Conversion
Class A Common Stock
2018-05-01+141,326→ 229,329 total - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$1.85/sh−251,200$464,720→ 0 totalExercise: $0.68Exp: 2023-03-20→ Class B Common Stock (251,200 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$19.79/sh−284,375$5,627,781→ 0 totalExercise: $7.28Exp: 2026-06-16→ Class B Common Stock (284,375 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$59.65/sh−58,250$3,474,613→ 0 totalExercise: $21.95Exp: 2027-12-20→ Class A Common Stock (58,250 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2018-05-02$59.65/sh−174,750$10,423,838→ 0 totalExercise: $21.95Exp: 2027-12-20→ Class A Common Stock (174,750 underlying)
Footnotes (11)
- [F1]Upon consummation of the tender offer (as described below), each share of tendered Class B common stock converted on a one-to-one basis into Class A common stock.
- [F10]Shares subject to the option vest in four equal quarterly installments beginning on August 15, 2019. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 21,436 shares of Salesforce common stock at an exercise price of $59.65 per share.
- [F11]Shares subject to the option vest in six equal quarterly installments beginning on August 15, 2020. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 64,308 shares of Salesforce common stock at an exercise price of $59.65 per share.
- [F2]Includes 1,453 shares acquired under the Issuer's 2017 Employee Stock Purchase Plan on April 26, 2018 in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F3]Pursuant to the Agreement and Plan of Merger, dated as of March 20, 2018 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Malbec Acquisition Corp. and the Issuer, each share of Class A common stock was tendered in exchange for (i) $36.00 in cash and (ii) 0.0711 of a share of Salesforce common stock, together with cash in lieu of any fractional shares of Salesforce common stock (the "Transaction Consideration"). Upon consummation of the tender offer and following the conversion of tendered shares of Class B common stock to Class A common stock on a one-to-one basis, the Reporting Person received Transaction Consideration of $5,140,044.00 in cash, 10,151 shares of Salesforce common stock and $71.17 in lieu of any fractional shares of Salesforce common stock.
- [F4]The shares are represented by restricted stock units, or RSUs, pursuant to which 21,640 RSUs vest in four equal quarterly installments beginning on August 15, 2019 and the remaining 64,910 RSUs vest in six equal quarterly installments beginning on August 15, 2020.
- [F5]Pursuant to the Merger Agreement, the RSUs will be assumed by Salesforce and converted into a restricted stock unit for 0.368 shares of Salesforce common stock per share of Class A common stock.
- [F6]Shares subject to the option are fully vested and immediately exercisable. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 92,441 shares of Salesforce common stock at an exercise price of $1.85 per share.
- [F7]Shares subject to the option vest in 48 equal monthly installments beginning on June 1, 2015. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 66,238 shares of Salesforce common stock at an exercise price of $7.07 per share.
- [F8]Shares subject to the option vest in 39 equal monthly installments beginning on May 1, 2017. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 104,649 shares of Salesforce common stock at an exercise price of $19.79 per share.
- [F9]Shares subject to the option vest in 48 equal monthly installments beginning on August 1, 2016. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 91,999 shares of Salesforce common stock at an exercise price of $19.79 per share.
Documents
Issuer
MULESOFT, INC
CIK 0001374684
Entity typeother
Related Parties
1- filerCIK 0001700882
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 6:10 PM ET
- Size
- 27.0 KB