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4//SEC Filing

LIFELOCK, INC. 4

Accession 0001628280-17-001240

CIK 0001383871operating

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 6:09 PM ET

Size

13.5 KB

Accession

0001628280-17-001240

Insider Transaction Report

Form 4
Period: 2017-02-09
Transactions
  • Disposition to Issuer

    COMMON STOCK

    2017-02-0910,57813,275 total
  • Disposition to Issuer

    COMMON STOCK

    2017-02-0913,2750 total
  • Disposition to Issuer

    EMPLOYEE STOCK OPTION (RIGHT TO BUY)

    2017-02-0950,0000 total
    Exercise: $15.42Exp: 2025-05-18COMMON STOCK (50,000 underlying)
Footnotes (5)
  • [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.
  • [F3]Consists of 9,957 vested restricted stock units ("RSUs") deferred by the Reporting Person and 3,318 unvested RSUs. Upon Closing, all vested and unvested RSUs held by non-employee directors of the Issuer were cancelled and converted into the right to receive the Merger Consideration.
  • [F4]Upon the Closing, vested options and unvested options of non-employee directors were cancelled and converted into the right to receive an amount of cash equal to the number of shares subject to the option multiplied by the difference between the Merger Consideration and the applicable option exercise price.
  • [F5]Includes 29,160 options, the vesting of which was accelerated at the Closing.

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, 6:09 PM ET
Size
13.5 KB