4//SEC Filing
Interactive Intelligence Group, Inc. 4
Accession 0001517650-16-000181
CIK 0001517650operating
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 4:28 PM ET
Size
7.5 KB
Accession
0001517650-16-000181
Insider Transaction Report
Form 4
BROWN DONALD E
DirectorChairman, President and CEO10% Owner
Transactions
- Award
Common Stock
2016-06-24$61.65/sh+66,000$4,068,900→ 3,327,269 total
Holdings
- 500,000(indirect: By Trust)
Common Stock
- 179.56(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Pursuant to the terms of the Stock Purchase Agreement, dated as of May 14, 2014 (the "Stock Purchase Agreement"), among Interactive Intelligence Group, Inc. (the "Company"), Dr. Donald E. Brown, Jeffrey Swartz and certain other sellers, the Company acquired all of the capital stock of OrgSpan, Inc. The Stock Purchase Agreement provided that, in exchange for his shares of OrgSpan stock, Dr. Brown has the right to receive an aggregate of 98,999 restricted shares of the Company's common stock, which shares vest and will be issued by the Company upon the achievement of certain performance-based conditionstied to the launch and sales of the Company's PureCloud platform. On June 30, 2015, Dr. Brown received 32,999 of those shares upon the launch of the Company's PureCloud Platform, and on June 24, 2016, Dr. Brown became entitled to receive the remaining 66,000 of those shares of the Company's common stock upon achieving certain levels of sales of the Company's PureCloud Platform.
- [F2]The aggregate number of restricted shares to be received by Dr. Brown was determined on the basis of the average of the closing prices of the Company's common stock for the 20 trading day period ended May 12, 2014, which was $61.65 per share.
- [F3]The number of shares reported as indirectly held by the reporting person in the Interactive Intelligence Group, Inc. 401(k) plan is based on a plan statement dated as of June 28, 2016.
Documents
Issuer
Interactive Intelligence Group, Inc.
CIK 0001517650
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0001517650
Filing Metadata
- Form type
- 4
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 4:28 PM ET
- Size
- 7.5 KB