STEINER LEISURE Ltd 4
4 · STEINER LEISURE Ltd · Filed Dec 11, 2015
Insider Transaction Report
Form 4
Fabel Bruce
President, Ideal Image
Transactions
- Disposition to Issuer
Common Shares
2015-12-09$65.00/sh−907$58,955→ 0 total - Disposition to Issuer
Common Shares
2015-12-09$65.00/sh−5,180$336,700→ 9,880 total - Disposition to Issuer
Common Shares
2015-12-09$65.00/sh−8,973$583,245→ 907 total
Footnotes (3)
- [F1]Represents time-based restricted share units subject to vesting over time, which were vested and canceled at the effective time of the merger pursuant to the Agreement and Plan of Merger, dated August 20, 2015, by and among the Company, Nemo Parent, Inc. and Nemo Merger Sub., Inc. (the "Merger"), in exchange for the right to receive $65.00 in cash per share (the "Merger Consideration"), without interest and subject to any withholding of taxes required by applicable law.
- [F2]Represents performance-based restricted share units subject to vesting contingent on the achievement of performance goals or targets, which were vested and cancelled at the effective time of the Merger in exchange for the right to receive the Merger Consideration, without interest and subject to any withholding of taxes required by applicable law.
- [F3]Represents common shares converted into the right to receive the Merger Consideration, without interest and subject to any withholding of taxes required by applicable law.