OBEROI ARUN 4
4 · RED HAT INC · Filed Jul 9, 2019
Insider Transaction Report
Form 4
RED HAT INCRHT
OBEROI ARUN
EVP, Global Sales & Service
Transactions
- Disposition to Issuer
Common Stock
2019-07-09$190.00/sh−141,021$26,793,990→ 44,078 total - Disposition to Issuer
Common Stock
2019-07-09−44,078→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of October 28, 2018, by and among International Business Machines Corporation ("IBM"), Socrates Acquisition Corp. and Red Hat, common shares of Red Hat were disposed of for cash consideration of $190.00 per share.
- [F2]Represents shares of Red Hat restricted stock. Each Red Hat restricted stock award was converted pursuant to the merger agreement into an IBM restricted stock award, with substantially the same terms and conditions as were applicable to such Red Hat restricted shares.