4//SEC Filing
Otting Joseph M 4
Accession 0001225208-23-008789
CIK 0001627014other
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 5:13 PM ET
Size
9.0 KB
Accession
0001225208-23-008789
Insider Transaction Report
Form 4
Otting Joseph M
Director
Transactions
- Disposition to Issuer
Common Stock
2023-09-05−5,605→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2023-09-05−5,734→ 0 total - Disposition to Issuer
Restricted Stock Unit
2023-09-05−9,162→ 0 total
Footnotes (2)
- [F1]Reflects the disposition of securities pursuant to the Agreement and Plan of Merger, dated as of May 4, 2022 (as amended on March 7, 2023, the "Merger Agreement"), among Black Knight, Inc. ("Black Knight"), Intercontinental Exchange, Inc. ("ICE"), and Sand Merger Sub Corporation, a wholly owned subsidiary of ICE ("Sub"), pursuant to which, on September 5, 2023, Sub merged with and into Black Knight, with Black Knight continuing as the surviving corporation and as a wholly owned subsidiary of ICE (the "Merger"). At the effective time of the Merger, each issued and outstanding share of common stock of Black Knight was canceled and converted into the right to receive, at the prior election of the holder (subject to proration pursuant to the Merger Agreement), either $75.867 in cash or 0.6577 shares of ICE common stock. As a result of the Merger, the Reporting Person no longer beneficially owns, directly or indirectly, any Shares.
- [F2]At the Effective Time, 9,162 time-based restricted stock unit awards in respect of Shares granted pursuant to the Company's Amended and Restated 2015 Omnibus Incentive Plan ("RSU Awards") held by the Reporting Person that were outstanding immediately prior to the Effective Time accelerated and vested in full and were deemed settled for a number of Shares equal to the number of Shares underlying such RSU Award, which Shares were cancelled and converted into the right to the Merger Consideration.
Documents
Issuer
Black Knight, Inc.
CIK 0001627014
Entity typeother
Related Parties
1- filerCIK 0001323101
Filing Metadata
- Form type
- 4
- Filed
- Sep 6, 8:00 PM ET
- Accepted
- Sep 7, 5:13 PM ET
- Size
- 9.0 KB