4//SEC Filing
LIFELOCK, INC. 4
Accession 0001628280-17-001237
CIK 0001383871operating
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 6:06 PM ET
Size
20.2 KB
Accession
0001628280-17-001237
Insider Transaction Report
Form 4
LIFELOCK, INC.LOCK
Segev, Sharon
EVP, GC & SECRETARY
Transactions
- Disposition to Issuer
COMMON STOCK
2017-02-09−64,949→ 0 total - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2017-02-09−73,029→ 0 totalExercise: $10.27Exp: 2026-02-18→ COMMON STOCK (73,029 underlying) - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2017-02-09−50,313→ 0 totalExercise: $16.13Exp: 2026-09-15→ COMMON STOCK (50,313 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 64,949 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 123,342 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, 6:06 PM ET
- Size
- 20.2 KB