Home/Filings/4/0001209191-18-043648
4//SEC Filing

Raffone Lawrence M. 4

Accession 0001209191-18-043648

CIK 0001430592other

Filed

Jul 22, 8:00 PM ET

Accepted

Jul 23, 6:58 PM ET

Size

35.5 KB

Accession

0001209191-18-043648

Insider Transaction Report

Form 4
Period: 2018-07-19
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2018-07-1935,5540 total
    Exercise: $0.00Common Stock (35,554 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-199,6400 total
    Exercise: $6.51Common Stock (9,640 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-1939,4200 total
    Exercise: $21.39Common Stock (39,420 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-19236,0740 total
    Exercise: $31.43Common Stock (236,074 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-19126,4420 total
    Exercise: $44.30Common Stock (126,442 underlying)
  • Disposition to Issuer

    Common Stock

    2018-07-19$45.00/sh94,387$4,247,4150 total
  • Disposition to Issuer

    Restricted Stock Units

    2018-07-198,3520 total
    Exercise: $0.00Common Stock (8,352 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2018-07-1942,7010 total
    Exercise: $0.00Common Stock (42,701 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2018-07-1954,9420 total
    Exercise: $0.00Common Stock (54,942 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-1987,4850 total
    Exercise: $7.99Common Stock (87,485 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-1969,3800 total
    Exercise: $26.22Common Stock (69,380 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-1932,6880 total
    Exercise: $55.96Common Stock (32,688 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-19202,3780 total
    Exercise: $26.43Common Stock (202,378 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2018-07-19155,4450 total
    Exercise: $34.40Common Stock (155,445 underlying)
Footnotes (4)
  • [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 29, 2018, by and among Financial Engines, Inc. (the "Company"), Edelman Financial, L.P., (the "Parent"), and Flashdance Merger Sub, Inc. ("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on May 2, 2018, pursuant to which the Company became a wholly-owned subsidiary of Parent (the "Merger") on July 19, 2018 (the "Effective Time"). At the Effective Time, each issued and outstanding share of common stock of the Company was cancelled and converted into the right to receive $45.00 in cash, (the "Merger Consideration") without interest and subject to applicable withholding taxes.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Financial Engines, Inc. common stock.
  • [F3]At the Effective Time, each outstanding restricted stock unit award became fully vested and was cancelled and converted into the right to receive the Merger Consideration in respect of each vested share of common stock of the Company subject to such award, in each case subject to withholding taxes if applicable.
  • [F4]At the Effective Time, each outstanding option to acquire shares of common stock of the Company became fully vested (to the extent unvested) and was cancelled and converted into the right to receive the product of (1) the excess, if any, of the Merger Consideration over the applicable exercise price of such option, multiplied by (2) the total number of shares of common stock of the Company subject to such option, subject to applicable withholding taxes. Any options that had an exercise price per share that was equal to or greater than the Merger Consideration were cancelled for no consideration.

Issuer

Financial Engines, Inc.

CIK 0001430592

Entity typeother

Related Parties

1
  • filerCIK 0001486875

Filing Metadata

Form type
4
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 6:58 PM ET
Size
35.5 KB