ALBRECHT W STEVE 4
4 · RED HAT INC · Filed Jul 9, 2019
Insider Transaction Report
Form 4
RED HAT INCRHT
ALBRECHT W STEVE
Director
Transactions
- Disposition to Issuer
Deferred Stock Unit
2019-07-09−3,849→ 0 total→ Common Stock (3,849 underlying) - Disposition to Issuer
Deferred Stock Unit
2019-07-09−3,435→ 0 total→ Common Stock (3,435 underlying) - Disposition to Issuer
Deferred Stock Unit
2019-07-09−5,042→ 0 total→ Common Stock (5,042 underlying) - Disposition to Issuer
Common Stock
2019-07-09$190.00/sh−15,144$2,877,360→ 0 total - Disposition to Issuer
Deferred Stock Unit
2019-07-09−1,356→ 0 total→ Common Stock (1,356 underlying) - Disposition to Issuer
Deferred Stock Unit
2019-07-09−1,710→ 0 total→ Common Stock (1,710 underlying)
Footnotes (8)
- [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]Each deferred stock unit represents a right to receive one share of Red Hat common stock.
- [F3]All Deferred Stock Units (DSUs) were canceled pursuant to the merger agreement for cash consideration of $190.00 per unit.
- [F4]This DSU was granted on July 18, 2011 pursuant to Red Hat's Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and vested on the first anniversary of the date of grant and would ordinarily have been settled in shares of Red Hat common stock upon termination of the Reporting Person's Board of Director service.
- [F5]This DSU was granted on July 16, 2012 pursuant to Red Hat's Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and vested on the first anniversary of the date of grant and would ordinarily have been settled in shares of Red Hat common stock upon termination of the Reporting Person's Board of Director service.
- [F6]This DSU was granted on July 16, 2013 pursuant to Red Hat's Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and vested on the first anniversary of the date of grant and would ordinarily have been settled in shares of Red Hat common stock upon termination of the Reporting Person's Board of Director service.
- [F7]This DSU was granted on July 18, 2016 pursuant to Red Hat's Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and vested on the first anniversary of the date of grant and would ordinarily have been settled in shares of Red Hat common stock upon termination of the Reporting Person's Board of Director service.
- [F8]Ths DSU was granted on July 16, 2018 pursuant to Red Hat's Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and would ordinarily have vested on the first anniversary of the date of grant and settled in shares of Red Hat common stock upon termination of the Reporting Person's Board of Director service.