4//SEC Filing
ReachLocal Inc 4
Accession 0001437749-16-037040
CIK 0001297336operating
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 4:45 PM ET
Size
9.2 KB
Accession
0001437749-16-037040
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Rowlands Sharon T
DirectorChief Executive Officer
Transactions
- Disposition from Tender
Common Stock
2016-08-08$4.60/sh−418,557$1,925,362→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2016-08-09$4.60/sh−250,000$1,150,000→ 0 totalExercise: $2.70Exp: 2022-05-06→ Common Stock (250,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2016-08-09$4.60/sh−150,000$690,000→ 0 totalExercise: $1.95Exp: 2023-02-28→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Includes 50,010 restricted shares that, pursuant to the agreement and plan of merger dated June 27, 2016, by and among ReachLocal, Inc., Gannett Co., Inc., and Raptor Merger Sub, Inc., became fully vested and were cancelled in exchange for the right to receive in cash an amount equal to $4.60 at the closing of the merger.
- [F2]Pursuant to the agreement and plan of merger dated June 27, 2016, by and among ReachLocal, Inc., Gannett Co., Inc., and Raptor Merger Sub, Inc., at the closing of the merger each outstanding and unexercised stock option became fully vested and was cancelled in exchange for the right to receive in cash an amount equal to the product of (i) the total number of shares of ReachLocal common stock subject to the stock option, multiplied by (ii) the excess, if any, of $4.60 over the exercise price of the option.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeoperating
Related Parties
1- filerCIK 0001297336
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 4:45 PM ET
- Size
- 9.2 KB