4//SEC Filing
OPOWER, INC. 4
Accession 0000899243-16-022722
CIK 0001412043operating
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 12:56 PM ET
Size
15.6 KB
Accession
0000899243-16-022722
Insider Transaction Report
Form 4
OPOWER, INC.OPWR
Kirsch Jeremy
SVP, Worldwide Sales
Transactions
- Disposition from Tender
Common Stock
2016-06-14$10.30/sh−397,351$4,092,715→ 0 total - Disposition from Tender
Stock Option (Right to Buy)
2016-06-14−39,166→ 0 totalExercise: $10.30Exp: 2022-09-13→ Common Stock (39,166 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-06-14−30,754→ 0 totalExercise: $10.30Exp: 2023-04-16→ Common Stock (30,754 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-06-14−422,000→ 0 totalExercise: $10.30Exp: 2018-07-26→ Common Stock (422,000 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-06-14−49,454→ 0 totalExercise: $10.30Exp: 2023-04-16→ Common Stock (49,454 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the closing on June 14, 2016 of a cash tender offer by Olympus II Acquisition Corporation, a Delaware corporation ("Merger Subsidiary"), which is a subsidiary of OC Acquisition LLC, a Delaware limited liability company ("Parent"), which is a subsidiary of Oracle Corporation, a Delaware corporation ("Oracle").
- [F2]This option was granted on July 27, 2008 pursuant to Opower's 2007 Stock Plan. The vested portion of such option was cancelled and extinguished in exchange for a cash payment as described in the Agreement and Plan of Merger, dated as of May 1, 2016 (the "Merger Agreement"), by and among Opower, Merger Subsidiary, Parent and Oracle, pursuant to which Oracle acquired Opower in a merger (the "Merger") that became effective on June 14, 2016. The unvested portion was assumed by Oracle in the Merger and converted in accordance with the exchange ratio as set forth in the Merger Agreement.
- [F3]This option was granted on September 14, 2012 pursuant to Opower's 2007 Stock Plan. The vested portion of such option was cancelled and extinguished in exchange for a cash payment as described in the Merger Agreement. The unvested portion was assumed by Oracle in the Merger and converted in accordance with the exchange ratio as set forth in the Merger Agreement.
- [F4]This option was granted on April 17, 2013 pursuant to Opower's 2007 Stock Plan. The vested portion of such option was cancelled and extinguished in exchange for a cash payment as described in the Merger Agreement. The unvested portion was assumed by Oracle in the Merger and converted in accordance with the exchange ratio as set forth in the Merger Agreement.
- [F5]This option was granted on April 17, 2013 pursuant to Opower's 2007 Stock Plan. The vested portion of such RSU was cancelled and extinguished in exchange for a cash payment as described in the Merger Agreement. The unvested portion was assumed by Oracle in the Merger and converted in accordance with the exchange ratio as set forth in the Merger Agreement.
Documents
Issuer
OPOWER, INC.
CIK 0001412043
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001412043
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 12:56 PM ET
- Size
- 15.6 KB