4//SEC Filing
Mikkelsen Benny P 4
Accession 0001651235-21-000065
CIK 0001651235other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:11 PM ET
Size
11.4 KB
Accession
0001651235-21-000065
Insider Transaction Report
Form 4
Mikkelsen Benny P
DirectorChief Technology Officer
Transactions
- Award
Common Stock
2021-03-01+11,541→ 878,282 total - Disposition to Issuer
Common Stock
2021-03-01−11,541→ 866,741 total - Disposition to Issuer
Common Stock
2021-03-01$115.00/sh−847,506$97,463,190→ 19,235 total - Disposition to Issuer
Common Stock
2021-03-01−19,235→ 0 total
Footnotes (3)
- [F1]Represents a performance-based stock unit ("PSU") award that vested with respect to 11,541 shares of common stock in accordance with its terms immediately prior to the Merger on March 1, 2021, which PSUs were granted to the reporting person on February 14, 2019 and were subject to performance conditions that have been satisfied. Pursuant to the terms of the Merger Agreement, each outstanding performance-based restricted stock unit award that has vested in accordance with is terms immediately prior to the Merger and has not yet been settled was automatically terminated and converted at the Effective Time into the right to receive the Merger Consideration for each underlying share.
- [F2]Includes restricted stock unit ("RSU") awards that were unvested with respect to 19,235 shares of common stock immediately prior to the Merger. Each RSU represents the right to receive one share of common stock upon vesting. Pursuant to the terms of the Merger Agreement, each outstanding RSU award that was unvested immediately prior to the Merger was automatically terminated and converted at the Effective Time into the right to receive the Merger Consideration for each underlying share; provided that right to receive payment of such amount remains subject to vesting under the schedule in place for such RSU immediately prior to the Effective Time, including under the terms of the Company's Amended and Restated Severance and Change in Control Benefits Plan and any scheduled retention agreement after giving effect to any applicable employment offer documents entered into with Parent.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, each share of the Company's common stock automatically converted into the right to receive the Merger Consideration.
Documents
Issuer
Acacia Communications, Inc.
CIK 0001651235
Entity typeother
Related Parties
1- filerCIK 0001659467
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:11 PM ET
- Size
- 11.4 KB