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4//SEC Filing

LIFELOCK, INC. 4

Accession 0001628280-17-001234

CIK 0001383871operating

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 6:02 PM ET

Size

16.2 KB

Accession

0001628280-17-001234

Insider Transaction Report

Form 4
Period: 2017-02-09
Jeffries Douglas C
CHIEF ADMINISTRATIVE OFFICER
Transactions
  • Disposition to Issuer

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2017-02-0992,8860 total
    Exercise: $16.13Exp: 2026-09-15COMMON STOCK (92,886 underlying)
  • Disposition to Issuer

    COMMON STOCK

    2017-02-09122,4430 total
  • Disposition to Issuer

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2017-02-0939,5920 total
    Exercise: $11.64Exp: 2026-03-22COMMON STOCK (39,592 underlying)
  • Disposition to Issuer

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2017-02-0958,0540 total
    Exercise: $16.84Exp: 2026-08-18COMMON STOCK (58,054 underlying)
Footnotes (3)
  • [F1]On November 20, 2016, LifeLock, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement"), as amended on January 16, 2017, with Symantec Corporation (the "Acquiror") and L1116 Merger Sub, Inc., a wholly-owned subsidiary of the Acquiror. Upon completion of the merger of the Issuer and L1116 Merger Sub, Inc.(the "Closing"), the Reporting Person's shares of the Issuer's Common Stock were cancelled and converted into the right to receive $24 in cash, without interest, (the "Merger Consideration").
  • [F2]Common Stock cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration. Includes 106,351 restricted shares, payment in respect of which is subject to the same terms and conditions as the restricted shares.
  • [F3]Upon Closing, reflects an aggregate of 190,532 options, the vesting of which was accelerated at the Closing and converted into options to acquire a number of shares of common stock of the Acquiror equal to the number of shares subject to the unvested option times the quotient (the "Exchange Ratio") of $24 divided by the volume-weighted average of the trading prices of the shares of Acquiror's common stock on the NASDAQ for the ten trading days ending with, and including, February 9, 2016, at an exercise price equal to the exercise price of the unvested option divided by the Exchange Ratio and otherwise on the same terms and conditions as the unvested option.

Issuer

LIFELOCK, INC.

CIK 0001383871

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001383871

Filing Metadata

Form type
4
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:02 PM ET
Size
16.2 KB