Lowy Adam 4
4 · Telaria, Inc. · Filed Apr 3, 2020
Insider Transaction Report
Form 4
Telaria, Inc.TLRA
Lowy Adam
Chief Commercial Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2020-04-01−75,000→ 0 totalExercise: $0.00→ Common Stock (75,000 underlying) - Disposition to Issuer
Common Stock
2020-04-01−40,007→ 40,007 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-04-01−200,000→ 0 totalExercise: $2.76Exp: 2028-10-25→ Common Stock (200,000 underlying)
Footnotes (4)
- [F1]On April 1, 2020, the effective date (the "Effective Date") of the merger between the Issuer and The Rubicon Project, Inc. ("Rubicon"), each share of Issuer common stock was exchanged for 1.082 shares of Rubicon common stock.
- [F2]This option was assumed by Rubicon pursuant to the merger agreement on the Effective Date with the same vesting and other terms at the rate of 1.082 Rubicon options for each Issuer option, rounded down to the nearest whole share, and with an exercise price per share of each Rubicon option equal to the exercise price herein divided by 1.082, rounded up to the nearest cent.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F4]On the Effective Date, pursuant to the merger agreement, restricted stock units were assumed by Rubicon, with the same vesting and other terms, at an exchange ratio of 1.082 Rubicon restricted stock units for each Issuer restricted stock unit reported herein, rounded down to the nearest whole share.