MOVE INC 4
4 · MOVE INC · Filed Nov 18, 2014
Insider Transaction Report
Form 4
MOVE INCMOVE
Picard Raymond A
Executive Vice President,Sales
Transactions
- Disposition to Issuer
Common Stock
2014-11-14$21.00/sh−14,048$295,008→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2014-11-14−61,250→ 0 totalExercise: $10.74From: 2014-08-15Exp: 2023-04-15→ Common Stock (61,250 underlying) - Disposition to Issuer
Common Stock
2014-11-14$21.00/sh−79,500$1,669,500→ 14,048 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2014-11-14−25,000→ 0 totalExercise: $13.57From: 2014-11-10Exp: 2024-02-10→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated September 30, 2014, among Issuer, News Corporation, and Magpie Merger Sub, Inc., at the effective time of the merger, each outstanding restricted stock unit held by the Reporting Person was assumed by News Corporation and converted into a right to receive Class A common stock of News Corporation.
- [F2]Disposition in connection with the merger contemplated by the Agreement and Plan of Merger, dated September 30, 2014, among Issuer, News Corporation, and Magpie Merger Sub, Inc. Pursuant to the Agreement and Plan of Merger, at the effective time of the merger, each share of common stock that was not tendered converted into the right to receive $21.00 in cash.
- [F3]Pursuant to the Agreement and Plan of Merger, dated September 30, 2014, among Issuer, News Corporation, and Magpie Merger Sub, Inc., at the effective time of the merger, each outstanding unexercised stock option held by the Reporting Person was assumed by News Corporation and converted into an option to purchase Class A common stock of News Corporation.