Black Knight InfoServ, LLC 4
4 · Black Knight InfoServ, LLC · Filed Jan 6, 2014
Insider Transaction Report
Form 4Exit
KENNEDY LEE A
DirectorChairman
Transactions
- Exercise/Conversion
Common Stock
[F1]2014-01-02$28.98/sh+56,042$1,624,097→ 260,501 total - Exercise/Conversion
Common Stock
[F1]2014-01-02$28.36/sh+30,333$860,244→ 290,834 total - Tax Payment
Common Stock
[F2]2014-01-02$37.30/sh−43,238$1,612,777→ 247,596 total - Other
Common Stock
[F3]2014-01-02−72,818→ 174,778 total - Tax Payment
Common Stock
[F4]2014-01-02$37.30/sh−74,611$2,782,990→ 100,167 total - Other
Common Stock
[F5]2014-01-02−100,167→ 0 total - Other
Common Stock
[F5]2014-01-02−129→ 0 total(indirect: By Children) - Other
Common Stock
[F5]2014-01-02−2,728→ 0 total(indirect: By 401(k)) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
[F1]2014-01-02$28.36/sh−30,333$860,244→ 0 totalExercise: $28.36From: 2014-05-18Exp: 2018-05-18→ Common Stock (30,333 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
[F1]2014-01-02$28.98/sh−56,042$1,624,097→ 0 totalExercise: $28.98From: 2015-09-14Exp: 2019-09-14→ Common Stock (56,042 underlying)
Footnotes (5)
- [F1]Represents a net exercise of stock options pursuant to the Agreement and Plan of Merger, dated as of May 28, 2013 (the "Merger Agreement"), by and among Fidelity National Financial, Inc. ("FNF"), Lion Merger Sub, Inc. and Lender Processing Services, Inc. ("LPS").
- [F2]Represents shares disposed of to satisfy tax withholding obligations in connection with the vesting of restricted shares as a result of the Merger.
- [F3]Represents shares of restricted stock. Pursuant to the Merger Agreement, each share of restricted stock outstanding immediately prior to the effective time of the Merger vested in full and became free of restrictions as of the effective time of the Merger, and was canceled and converted into the right to receive $28.102 in cash and 0.28742 shares of FNF Class A Common Stock (which had a closing price of $32.25 on January 2, 2014).
- [F4]Represents the aggregate number of shares withheld in connection with the net exercise of options, which includes shares associated payment of exercise price and tax withholding obligations.
- [F5]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding share of LPS Common Stock was converted into the right to receive $28.102 in cash and 0.28742 shares of FNF Class A Common Stock (which had a closing price of $32.25 on January 2, 2014).
Signature
/s/ Colleen E. Haley, Attorney-in-fact|2014-01-06