4//SEC Filing
Sands Michael D 4
Accession 0001491778-17-000237
CIK 0001491778other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 9:50 PM ET
Size
10.8 KB
Accession
0001491778-17-000237
Insider Transaction Report
Form 4
Sands Michael D
Director
Transactions
- Disposition to Issuer
Common Stock
2017-09-29−20,101→ 0 total - Disposition to Issuer
Restricted Stock Units (RSU)
2017-09-29−12,664→ 0 total→ Common Stock (12,664 underlying) - Disposition to Issuer
Stock Options (right to buy)
2017-09-29−13,713→ 0 totalExercise: $8.74Exp: 2026-04-04→ Common Stock (13,713 underlying)
Footnotes (5)
- [F1]On September 29, 2017, the closing date of the transactions (the "Closing") contemplated by the Agreement and Plan of Merger, dated as of May 1, 2017, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of August 26, 2017 (the "Merger Agreement"), by and among Angie's List, Inc. ("Angie's List"), IAC/InterActiveCorp, ANGI Homeservices Inc. ("ANGI Homeservices") and Casa Merger Sub, Inc., the outstanding shares of common stock of Angie's List ("Angie's List Common Stock") held by the Reporting Person were cancelled and converted on a 1:1 basis into shares of Class A common stock of ANGI Homeservices ("ANGI Homeservices Class A Common Stock").
- [F2]In connection with the Closing and pursuant to the Merger Agreement, the outstanding options to purchase shares of Angie's List Common Stock, which were fully vested at the time of the Closing, were converted on a 1:1 basis into options to purchase shares of ANGI Homeservices Class A Common Stock, subject to the same terms and conditions, including the per share exercise price, as applied to such options to purchase Angie's List Common Stock immediately prior to the Closing.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement, and there is no exercise price associated with the RSUs.
- [F4]In connection with the Closing and pursuant to the Merger Agreement, the outstanding Angie's List RSUs were converted on a 1:1 basis into RSUs for shares of ANGI Homeservices Class A Common Stock, subject to the same terms and conditions as applied to such RSUs for shares of Angie's List Common Stock immediately prior to the Closing. Upon conclusion of the Reporting Person's service as a member of the Angie's List Board of Directors, the vesting of the RSUs was subsequently accelerated in full, resulting in the conversion of such RSUs into shares of ANGI Homeservices Class A Common Stock.
- [F5]There is no expiration date with respect to RSUs.
Documents
Issuer
Angie's List, Inc.
CIK 0001491778
Entity typeother
Related Parties
1- filerCIK 0001420280
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 9:50 PM ET
- Size
- 10.8 KB