Frank Lynnette 4
4 · MaxPoint Interactive, Inc. · Filed Oct 10, 2017
Insider Transaction Report
Form 4
Frank Lynnette
Director
Transactions
- Disposition from Tender
Common Stock
2017-10-10$13.86/sh−3,370$46,708→ 2,000 total - Disposition to Issuer
Common Stock
2017-10-10$13.86/sh−500$6,930→ 1,500 total - Disposition to Issuer
Common Stock
2017-10-10−1,500→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2017-10-10−4,500→ 0 totalExercise: $55.04Exp: 2024-07-31→ Common Stock (4,500 underlying)
Footnotes (4)
- [F1]Disposed of upon the closing of the tender offer and merger pursuant to the Agreement and Plan of Merger by and among Harland Clarke Holdings Corp. ("Parent"), Mercury Merger Sub, Inc. ("Purchaser") (an indirect wholly owned subsidiary of Parent), and Issuer, dated as of August 27, 2017 (the "Merger Agreement"), whereby Purchaser acquired each outstanding share of common stock of the issuer for a cash payment of $13.86 per share.
- [F2]Disposed of pursuant to the Merger Agreement whereby such restricted stock units were accelerated and then cancelled in exchange for the right to receive future cash payments in the amount of $13.86 per restricted stock unit pursuant to the Merger Agreement.
- [F3]Disposed of pursuant to the Merger Agreement whereby such unvested restricted stock units were cancelled without payment of any consideration as they did not accelerate pursuant to the Merger Agreement.
- [F4]Pursuant to the terms of the Merger Agreement, options with an exercise price greater than $13.86 per share were cancelled without payment of any consideration.