4//SEC Filing
Miller James Jeffrey 4
Accession 0001213900-20-027604
CIK 0001626853other
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 5:17 PM ET
Size
7.9 KB
Accession
0001213900-20-027604
Insider Transaction Report
Form 4
MajescoMJCO
Miller James Jeffrey
Chief Revenue Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-09-21−50,000→ 0 total→ Common stock (50,000 underlying) - Disposition to Issuer
Common Stock
2020-09-21−14,437→ 0 total
Footnotes (4)
- [F1]Disposition pursuant to the Amended and Restated Agreement and Plan of Merger dated as of August 8, 2020 by and among Majesco, Magic Intermediate, LLC and Magic Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, on the effective date of the merger (September 21, 2020) (the "Effective Date"), each share of Issuer common stock was converted into the right to receive $16.00 in cash.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The restricted stock units are granted pursuant to the Issuer's 2015 Equity Incentive Plan and vest in three equal installments on the first, second and third anniversaries of the date of the grant. Upon the Effective Date of the merger, the vesting of all restricted units was accelerated such that all unvested restricted units became immediately vested.
- [F4]Disposition pursuant to the Merger Agreement. Pursuant to the Merger Agreement, on the Effective Date of the merger, each restricted stock unit was converted into the right to receive $16.00 in cash.
Documents
Issuer
Majesco
CIK 0001626853
Entity typeother
Related Parties
1- filerCIK 0001770289
Filing Metadata
- Form type
- 4
- Filed
- Sep 20, 8:00 PM ET
- Accepted
- Sep 21, 5:17 PM ET
- Size
- 7.9 KB