Depatie Michael A. 4
4 · JAMBA, INC. · Filed Sep 13, 2018
Insider Transaction Report
Form 4
JAMBA, INC.JMBA
Depatie Michael A.
Director
Transactions
- Disposition to Issuer
Common Stock
2018-09-13$13.00/sh−39,291$510,783→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2018-09-13$1.02/sh−5,000$5,125→ 0 totalExercise: $11.97Exp: 2021-05-19→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2018-09-13$1.90/sh−2,500$4,750→ 0 totalExercise: $11.10Exp: 2020-11-12→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]The option, providing for vesting in two equal installments of 50% as of the close of business on February 10, 2011 and the remainder 50% upon the completion of the Company's 2011 annual stockholders meeting, and therefore already fully vested, was cancelled at the effective time of the merger between Jay Merger Sub, Inc. and the Issuer in exchange for a cash payment per share subject to the option determined by the difference between the $13 merger consideration per share and the exercise price of the option.
- [F2]The option, providing for vesting of one-fourth of the shares subject to the option on each of August 19, 2011, November 19, 2011, February 19, 2012, and May 19, 2012 or the date of the Company's 2012 annual meeting of stockholders, and therefore already fully vested, was cancelled at the effective time of the merger between Jay Merger Sub, Inc. and the Issuer in exchange for a cash payment per share subject to the option determined by the difference between the $13 merger consideration per share and the exercise price of the option.