4//SEC Filing
Strassman Mark Finn 4
Accession 0001209191-20-048730
CIK 0001420302other
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 4:02 PM ET
Size
11.2 KB
Accession
0001209191-20-048730
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Strassman Mark Finn
SVP & GM, C&C
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2020-08-31−10,233→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-08-31−29,310→ 0 totalExercise: $0.00From: 2020-08-31→ Common Stock, par value $0.01 per share (29,310 underlying) - Disposition to Issuer
Restricted Stock Units
2020-08-31−1,538→ 0 totalExercise: $0.00From: 2020-08-31→ Common Stock, par value $0.01 per share (1,538 underlying)
Footnotes (5)
- [F1]At the effective time of the merger contemplated by the Agreement and Plan of Merger, dated as of December 17, 2019, by and among LogMeIn, Inc. (the "Company"), Logan Parent, LLC, and Logan Merger Sub, Inc. (the "Effective Time"), each issued and outstanding share of common stock of the Company (each, a "Share") held by Mr. Strassman was converted into the right to receive $86.05 in cash, without interest.
- [F2]Represents restricted stock units subject only to service-based vesting conditions (a "Company RSU") under the Company's stock plans.
- [F3]At the Effective Time, each outstanding Company RSU under the Company's stock plans was converted into the right to receive an amount in cash (without interest) equal to the product obtained by multiplying (i) the total number of Shares subject to such Company RSU immediately prior to the Effective Time by (ii) $86.05, and otherwise remains subject to the same vesting and settlement schedule and other terms and conditions applicable to such Company RSU immediately prior to the Effective Time.
- [F4]Represents restricted stock units subject to performance-based vesting conditions or a requirement to satisfy performance conditions to earn the Shares covered thereby (a "Company P-RSU") under the Company's stock plans.
- [F5]At the Effective Time, each outstanding Company P-RSU subject to revenue-based vesting conditions under the Company's stock plans was converted into the right to receive an amount in cash (without interest) equal to the product obtained by multiplying (i) the total number of earned Shares subject to such Company P-RSU immediately prior to the Effective Time based on the actual performance through the Effective Time by (ii) $86.05, and otherwise remains subject to the same vesting and settlement schedule and other terms and conditions applicable to such Company P-RSU immediately prior to the Effective Time.
Documents
Issuer
LogMeIn, Inc.
CIK 0001420302
Entity typeother
Related Parties
1- filerCIK 0001762105
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 4:02 PM ET
- Size
- 11.2 KB