Thomas Lizanne 4
4 · LOGILITY SUPPLY CHAIN SOLUTIONS, INC · Filed Apr 4, 2025
Insider Transaction Report
Form 4
Thomas Lizanne
Director
Transactions
- Disposition to Issuer
Common Stock
2025-04-04−23,169→ 0 total - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $28.94Exp: 2027-10-29→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $22.99Exp: 2027-07-30→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $19.21Exp: 2026-01-29→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $17.13Exp: 2028-10-31→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $16.48Exp: 2026-04-30→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $16.46Exp: 2026-07-31→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−10,000→ 0 totalExercise: $16.24Exp: 2025-11-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $15.21Exp: 2029-01-31→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $14.68Exp: 2026-10-30→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $22.99Exp: 2027-01-31→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $20.69Exp: 2027-04-30→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $17.88Exp: 2029-07-29→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $17.10Exp: 2028-04-29→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $14.93Exp: 2026-01-31→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option
2025-04-04−4,000→ 0 totalExercise: $11.94Exp: 2029-04-28→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]On April 4, 2025, pursuant to the Agreement and Plan of Merger, dated January 24, 2025 (the "Merger Agreement"), by and among Aptean, Inc. ("Parent"), Update Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), and Logility Supply Chain Solutions, Inc. (the "Company"), Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of the Company's common stock ("Common Stock") reported on this Form 4 was converted automatically into the right to receive $14.30 in cash, without interest. Also pursuant to the Merger Agreement, at the Effective Time, each outstanding Company restricted stock unit, whether vested or unvested, was cancelled and converted into the right to receive $14.30 in cash, without interest, subject to applicable tax withholding.
- [F2]At the Effective Time, each outstanding Company stock option which had a per share exercise price equal to or greater than $14.30 was cancelled for no consideration.
- [F3]At the Effective Time, each outstanding Company stock option which had a per share exercise price less than $14.30 was cancelled and converted into the right to receive an amount of cash equal to the product of (i) the total number of shares of Common Stock subject to such stock option multiplied by (ii) the excess of $14.30 over the applicable per share exercise price, subject to applicable tax withholding.