Cunningham Michael 4
4 · RED HAT INC · Filed Jul 9, 2019
Insider Transaction Report
Form 4
RED HAT INCRHT
Cunningham Michael
EVP, General Counsel
Transactions
- Disposition to Issuer
Common Stock
2019-07-09−29,072→ 0 total - Disposition to Issuer
Common Stock
2019-07-09$190.00/sh−30,860$5,863,400→ 29,072 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.