4//SEC Filing
Borderfree, Inc. 4
Accession 0001628280-15-004856
CIK 0001277141operating
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 8:55 AM ET
Size
10.1 KB
Accession
0001628280-15-004856
Insider Transaction Report
Form 4
Borderfree, Inc.BRDR
Neumann Edward A.
Chief Financial Officer
Transactions
- Disposition from Tender
Common Stock
2015-06-10$14.00/sh−379,698$5,315,772→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-06-10−48,502→ 0 totalExercise: $16.00Exp: 2024-03-01→ Common Stock (48,502 underlying) - Disposition to Issuer
Common Stock
2015-06-10−63,500→ 0 totalExercise: $7.68Exp: 2024-03-01→ Common Stock (63,500 underlying)
Footnotes (2)
- [F1]Represents options (the "Options") to purchase the Issuer's common stock that were subject to vesting over time but were cancelled at the effective time of the merger (the "Merger") pursuant to the Agreement and Plan of Merger, dated May 5, 2015, by and among the Company, Pitney Bowes Inc. and BrickBreaker Acquisition Corp., in which outstanding options were exchanged for a cash payment in the amount by which the per share purchase price of $14.00 (the "Merger Consideration") exceeded the exercise price of the option as of the effective time of the Merger.
- [F2]Represents options (the "Options") to purchase the Issuer's common stock that were subject to vesting over time but were cancelled at the effective time of the merger (the "Merger") pursuant to the Agreement and Plan of Merger, dated May 5, 2015, by and among the Company, Pitney Bowes Inc. and BrickBreaker Acquisition Corp., in which outstanding options were exchanged for a cash payment in the amount by which the per share purchase price of $14.00 (the "Merger Consideration") exceeded the exercise price of the option as of the effective time of the Merger. Because the exercise price of such Options exceeded the Merger Consideration, such Options were cancelled without consideration.
Documents
Issuer
Borderfree, Inc.
CIK 0001277141
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001277141
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 8:55 AM ET
- Size
- 10.1 KB