Imprivata Inc 4

Accession 0000899243-16-029316

CIK 0001328015operating

Filed

Sep 19, 8:00 PM ET

Accepted

Sep 20, 6:20 AM ET

Size

23.4 KB

Accession

0000899243-16-029316

Form 4

Period: 2016-09-16

DirectorChief Technology Officer

Transactions

Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$5.70/sh−29,640$168,948→ 0 total
Exercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (29,640 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.33/sh−130,234$2,256,955→ 0 total
Exercise: $1.92From: 2016-09-16Exp: 2021-09-30→ Common Stock (130,234 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$5.70/sh−360$2,052→ 0 total
Exercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (360 underlying)
Disposition to Issuer
Common Stock
2016-09-16−241,437→ 0 total
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−9,600$74,208→ 0 total
Exercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (9,600 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−65,400$505,542→ 0 total
Exercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (65,400 underlying)
Disposition to Issuer
Common Stock
2016-09-16−166,666→ 0 total(indirect: By Trust)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.85/sh−53,333$951,994→ 0 total
Exercise: $1.40From: 2016-09-16Exp: 2021-09-30→ Common Stock (53,333 underlying)
Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$11.27/sh−16,666$187,826→ 0 total
Exercise: $7.98From: 2016-09-16Exp: 2021-09-30→ Common Stock (16,666 underlying)

Footnotes (5)

[F1]Disposed of pursuant to the Agreement and Plan of Merger between the Issuer, Project Brady Merger Sub, Inc. and Project Brady Holdings, LLC (the "Merger Agreement"),whereby, at the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of the Issuer's common stock were converted into the right to receive $19.25 per share in cash and, when so converted, automatically cancelled.
[F2]Pursuant to the terms of the Agreement and Plan of Merger by and among Imprivata, Inc., Project Brady Merger Sub, Inc., and Project Brady Holdings, LLC, dated July 13, 2016, each unvested Company Common Stock Option shall immediately vest and become exercisable immediately prior to the Closing. At the Effective Time, each Company Common Stock Option having a per share exercise price less than $19.25 shall be cancelled for the right to receive in cash an amount per share equal to $19.25 less the exercise price.
[F3]Stock Options held under 2002 Non-Qualified Stock Option Agreement for Employees.
[F4]Stock Options held under 2014 Incentive Stock Option Agreement.
[F5]Stock Options held under 2014 Non-Qualified Stock Option Agreement.

Documents

1 file

Imprivata Inc

CIK 0001328015

Entity typeoperating