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STEINER LEISURE Ltd 4

Accession 0001437749-15-022131

CIK 0001018946operating

Filed

Dec 10, 7:00 PM ET

Accepted

Dec 11, 7:31 PM ET

Size

8.4 KB

Accession

0001437749-15-022131

Insider Transaction Report

Form 4
Period: 2015-12-09
HARRINGTON SEAN H
Managing Director - Elemis Ltd
Transactions
  • Disposition to Issuer

    Common Shares

    2015-12-09$65.00/sh65,858$4,280,77014,643 total
  • Disposition to Issuer

    Common Shares

    2015-12-09$65.00/sh7,722$501,9306,921 total
  • Other

    Common Shares

    2015-12-09$65.00/sh6,921$449,8650 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]Pursuant to a rollover agreement by and between an affiliate of Nemo Parent, Inc. and the Reporting Person, the Reporting Person contributed these shares in exchange for equity interests in an affiliate of Nemo Parent, Inc. (the "Rollover"), effective as of the effective time of the Merger. For purposes of the Rollover, the Reporting Person's shares were valued at the Merger Consideration.

Issuer

STEINER LEISURE Ltd

CIK 0001018946

Entity typeoperating
IncorporatedBahamas

Related Parties

1
  • filerCIK 0001018946

Filing Metadata

Form type
4
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 7:31 PM ET
Size
8.4 KB