Aden John Kent Jr. 4
4 · HOMEFED CORP · Filed Jul 1, 2019
Insider Transaction Report
Form 4
HOMEFED CORPHOFD
Aden John Kent Jr.
Vice President
Transactions
- Disposition to Issuer
Option - Right to Buy
2019-07-01−12,500→ 0 totalExercise: $44.00Exp: 2022-08-04→ Common Stock (12,500 underlying) - Disposition to Issuer
Common Stock
2019-07-01−13,500→ 0 total
Footnotes (3)
- [F1]Disposition pursuant to the Agreement and Plan of Merger by and among HomeFed Corporation ("HomeFed"), Jefferies Financial Group Inc. ("Jefferies") and Heat Merger Sub, LLC dated as of April 12, 2019, as amended by Amendment No. 1 to the Merger Agreement dated as of May 2, 2019 (as amended, the "Merger Agreement"), in exchange for common stock of Jefferies in the ratio of two shares of Jefferies for each one share of HomeFed.
- [F2]Disposition pursuant to the Merger Agreement in exchange for options to purchase shares of common stock of Jefferies in the ratio of two shares of Jefferies for each one share of HomeFed (with a concurrent exercise price adjustment).
- [F3]The options vest at a rate of 25% per year, commencing on August 4, 2018.