4//SEC Filing
GIVENS GREGG WM 4
Accession 0001246360-18-001327
CIK 0000714603other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 6:07 PM ET
Size
10.9 KB
Accession
0001246360-18-001327
Insider Transaction Report
Form 4
GIVENS GREGG WM
Vice Pres & Chief Acctg Office
Transactions
- Award
Common Stock
2018-04-16+23,216→ 107,173 total - Disposition to Issuer
Stock Option
2018-04-16$60.24/sh−8,098$487,864→ 0 totalExercise: $23.75From: 2012-12-01Exp: 2021-12-01→ Common Stock (8,098 underlying) - Award
Common Stock
2018-04-16+15,933→ 83,957 total - Disposition to Issuer
Common Stock
2018-04-16$84.00/sh−107,173$9,002,532→ 0 total
Footnotes (3)
- [F1]Consists of accelerated vesting of PSUs pursuant to the terms of that certain Separation Agreement dated as of April 11, 2018 among Mr. Givens, the Company and SS&C.
- [F2]Consists of shares of common stock, vested RSUs and vested PSUs that were cancelled in exchange for $84.00 per share pursuant to the terms of an Agreement and Plan of Merger (the Merger Agreement) dated as of January 11, 2018 among DST Systems, Inc. (the Company), SS&C Technologies Holdings, Inc. (SS&C) and Diamond Merger Sub, Inc. (Merger Sub), pursuant to which Merger Subs will merge (the Merger) with and into the Company, whereupon the existence of Merger Sub will cease and the Company will become the surviving corporation and an indirect wholly owned subsidiary of SS&C and the terms of the Separation Agreement. The Merger became effective on April 16, 2018 (the Effective Time).
- [F3]Pursuant to the terms of the Merger Agreement, each vested option to purchase Common Stock that was outstanding prior to the Effective Time was cancelled and converted into the right to receive a cash payment equal to the product of (A) the number of shares of Common Stock underlying such option and (B) the excess, if any, of $84.00 over the applicable exercise price of such option.
Documents
Issuer
DST SYSTEMS INC
CIK 0000714603
Entity typeother
Related Parties
1- filerCIK 0001189317
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 6:07 PM ET
- Size
- 10.9 KB