4//SEC Filing
PATEL ARVIN 4
Accession 0001593678-20-000040
CIK 0001675820other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 5:43 PM ET
Size
16.8 KB
Accession
0001593678-20-000040
Insider Transaction Report
Form 4
TiVo CorpTIVO
PATEL ARVIN
EVP, Chief IP Officer
Transactions
- Disposition to Issuer
Performance Stock Unit
2020-06-01−13,888→ 0 total→ Common Stock (13,888 underlying) - Disposition to Issuer
Restricted Stock Unit
2020-06-01−5,000→ 0 total→ Common Stock (5,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2020-06-01−20,911→ 0 total→ Common Stock (20,911 underlying) - Disposition to Issuer
Common Stock
2020-06-01−30,693→ 0 total - Disposition to Issuer
Restricted Stock Unit
2020-06-01−61,058→ 0 total→ Common Stock (61,058 underlying) - Disposition to Issuer
Restricted Stock Unit
2020-06-01−27,027→ 0 total→ Common Stock (27,027 underlying)
Footnotes (3)
- [F1]Shares of common stock of the Issuer were converted into shares of Xperi Holding Corporation, a Delaware corporation ("HoldCo") pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of December 18, 2019, as amended on January 31, 2020 (the "Merger Agreement"), by and among the Issuer, Xperi Corporation, a Delaware corporation, HoldCo, XRAY Merger Sub Corporation, a Delaware corporation, and TWOLF Merger Sub Corporation, a Delaware corporation. Pursuant to the terms of the Merger Agreement, each share of Issuer common stock was exchanged for 0.455 shares of HoldCo common stock, in addition to cash in lieu of any fractional shares.
- [F2]Restricted Stock Unit Awards ("Issuer RSUs") of the Issuer were converted into restricted stock unit awards of HoldCo ("HoldCo RSUs") pursuant to the Merger Agreement. Pursuant to the terms of the Merger Agreement, each Issuer RSU was automatically converted into a number of HoldCo RSUs (rounded down to the nearest whole share) determined by multiplying the number of shares of Issuer RSUs by 0.455 on the same terms and conditions.
- [F3]Performance Stock Unit Awards ("Issuer PSUs") of the Issuer that were deliverable based on performance milestones achieved as of the consummation of the mergers contemplated by the Merger Agreement were deemed vested upon the consummation of the mergers contemplated by the Merger Agreement and converted into shares of HoldCo common stock by multiplying the number of shares of Issuer common stock subject to the Issuer PSUs by 0.455.
Documents
Issuer
TiVo Corp
CIK 0001675820
Entity typeother
Related Parties
1- filerCIK 0001734388
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 5:43 PM ET
- Size
- 16.8 KB