4//SEC Filing
IHS Markit Ltd. 4
Accession 0001598014-16-000042
CIK 0001598014operating
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 7:24 PM ET
Size
8.5 KB
Accession
0001598014-16-000042
Insider Transaction Report
Form 4
IHS Markit Ltd.INFO
Yergin Daniel
Vice Chairman
Transactions
- Award
Common Shares
2016-07-12+42,679→ 42,679 total(indirect: By Trust) - Award
Common Shares
2016-07-12+543,037→ 543,037 total
Footnotes (3)
- [F1]On July 12, 2016, IHS Inc. ("IHS"), Markit Ltd. ("Markit") and Marvel Merger Sub, Inc. completed the merger (the "Merger") contemplated by the Agreement and Plan of Merger among such parties dated as of March 20, 2016 (the "Merger Agreement").
- [F2]Represents IHS Markit shares received pursuant to the Merger Agreement, the terms of which provided that (a) each share of IHS common stock issued and outstanding immediately prior to the consummation of the Merger was converted into 3.5566 shares of IHS Markit common shares with cash paid in lieu of fractional shares; (b) IHS Restricted Stock Units ("RSUs") that were converted into 3.5566 shares of IHS Markit RSUs rounded up to the nearest whole share; and (c) IHS Performance Stock Units ("PSUs") that were converted into IHS Markit RSUs. Each IHS PSU outstanding immediately prior to the consummation of the Merger was converted into IHS Markit RSUs based on 142% of the 2016 award; 175% of the 2017 award, and 125% of the 2018 award rounded to the nearest whole share, and subsequently converted into 3.5566 RSUs of IHS Markit rounded up to the nearest whole share with the same terms and conditions as were in effect immediately prior to the completion of the Merger.
- [F3]Represents indirectly held IHS Markit common shares received for each share of indirectly held IHS common stock issued and outstanding immediately prior to the consummation of the Merger that was converted into 3.5566 shares of IHS Markit common shares with cash paid in lieu of fractional shares.
Documents
Issuer
IHS Markit Ltd.
CIK 0001598014
Entity typeoperating
IncorporatedBermuda
Related Parties
1- filerCIK 0001598014
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 7:24 PM ET
- Size
- 8.5 KB