BRYSON DAVID C 4
4 · Endurance International Group Holdings, Inc. · Filed Feb 10, 2021
Insider Transaction Report
Form 4
BRYSON DAVID C
Chief Legal Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2021-02-10−135,132→ 0 totalExercise: $11.10→ Common Stock (135,132 underlying) - Disposition to Issuer
Stock Option (right to buy)
2021-02-10−40,000→ 0 totalExercise: $7.50→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2021-02-10$9.50/sh−173,005$1,643,548→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2021-02-10−61,341→ 0 totalExercise: $18.34→ Common Stock (61,341 underlying) - Disposition to Issuer
Stock Option (right to buy)
2021-02-10−147,826→ 0 totalExercise: $12.00→ Common Stock (147,826 underlying) - Disposition to Issuer
Stock Option (right to buy)
2021-02-10−31,288→ 0 totalExercise: $7.99→ Common Stock (31,288 underlying) - Disposition to Issuer
Common Stock
2021-02-10$9.50/sh−455,239$4,324,771→ 0 total
Footnotes (7)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of November 1, 2020 among issuer, Endure Digital Intermediate Holdings, Inc. (formerly known as Razorback Technology Intermediate Holdings, Inc.) and Endure Digital, Inc. (formerly known as Razorback technology, Inc.) (the "Merger Agreement"), pursuant to which Endure Digital, Inc. merged with and into the issuer (the "Merger") effective as of February 10, 2021. Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Company's common stock automatically converted into the right to receive $9.50 per share in cash (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, restricted stock units outstanding immediately prior to the Effective Time were vested in full, automatically canceled and converted into the right to receive the Merger Consideration for each underlying share on the closing date.
- [F3]This option, which provided for vesting of one-fourth of the shares on October 25, 2014 and vested in equal monthly installments thereafter until October 25, 2017, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
- [F4]This option, which provided for vesting of one-fourth of the shares on April 1, 2016 and vested in equal monthly installments thereafter until April 1, 2019, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
- [F5]This option, which provided for vesting of one-fourth of the shares on April 1, 2017 and vested in equal monthly installments thereafter until April 1, 2020, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
- [F6]This option, which provided for vesting of one-third of the shares on April 26, 2019 and vesting in equal monthly installments thereafter until April 26, 2021, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
- [F7]This option, which provided for vesting of one-third of the shares on February 6, 2020 and vesting in equal monthly installments thereafter until February 6, 2022, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.