4//SEC Filing
Hill Scott D. 4
Accession 0001209191-20-061563
CIK 0001470099other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 5:36 PM ET
Size
14.0 KB
Accession
0001209191-20-061563
Insider Transaction Report
Form 4
MOBILEIRON, INC.MOBL
Hill Scott D.
Chief Financial Officer
Transactions
- Award
Common Stock
2020-12-01+170,000→ 777,741 total - Disposition to Issuer
Stock Option (Right to Buy)
2020-12-01$2.35/sh−150,000$352,500→ 0 totalExercise: $4.70Exp: 2028-07-08→ Common Stock (150,000 underlying) - Disposition to Issuer
Common Stock
2020-12-01$7.05/sh−777,741$5,483,074→ 0 total
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock awarded to the Reporting Person upon the vesting of 170,000 performance stock units in connection with the closing of the transactions contemplated by the Merger Agreement (as defined below).
- [F2]The Reporting Person disposed of each share of common stock at the effective time of the merger (the "Merger") contemplated by the merger agreement, dated as of September 26, 2020, by and between the Issuer, Ivanti, Inc. and Oahu Merger Sub, Inc. (the "Merger Agreement") in exchange for a cash payment of $7.05 per share.
- [F3]Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive the Issuer's common stock. Pursuant to the Merger Agreement, the RSUs were subject to acceleration of vesting, cancelled and converted automatically into the right to receive a cash payment of $7.05 per share, subject to any required withholding of taxes.
- [F4]This option vested at the rate of 25% of the total number of shares underlying the option ("Option Shares") on the one-year anniversary of July 9, 2018, and then at the rate of 1/48 of the total number of Option Shares on each monthly anniversary thereafter. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $352,500, representing the difference between the per share exercise price of the option and the merger consideration of $7.05 per share.
Issuer
MOBILEIRON, INC.
CIK 0001470099
Entity typeother
Related Parties
1- filerCIK 0001745947
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 5:36 PM ET
- Size
- 14.0 KB