4//SEC Filing
Imprivata Inc 4
Accession 0000899243-16-029319
CIK 0001328015operating
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 6:23 AM ET
Size
19.4 KB
Accession
0000899243-16-029319
Insider Transaction Report
Form 4
Imprivata IncIMPR
Kalowski Jeffrey
Chief Financial Officer
Transactions
- Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$5.70/sh−143,100$815,670→ 0 totalExercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (143,100 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−8,334$64,422→ 0 totalExercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (8,334 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$17.33/sh−40,666$704,742→ 0 totalExercise: $7.98From: 2016-09-16Exp: 2021-09-30→ Common Stock (40,666 underlying) - Disposition to Issuer
Common Stock
2016-09-16−209,877→ 0 total - Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$16.10/sh−16,666$268,323→ 0 totalExercise: $3.15From: 2016-09-16Exp: 2021-09-30→ Common Stock (16,666 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$7.73/sh−191,666$1,481,578→ 0 totalExercise: $11.52From: 2016-09-16Exp: 2021-09-30→ Common Stock (191,666 underlying) - Disposition from Tender
Stock Option (Right to Buy)
2016-09-16$5.70/sh−36,900$210,330→ 0 totalExercise: $13.55From: 2016-09-16Exp: 2021-09-30→ Common Stock (36,900 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 2014 Incentive Stock Option Agreement.
- [F4]Stock options held under 2014 Non-Qualified Stock Option Agreement.
- [F5]Stock options held under 2002 Incentive Stock Option Agreement for employees.
Documents
Issuer
Imprivata Inc
CIK 0001328015
Entity typeoperating
Related Parties
1- filerCIK 0001328015
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 6:23 AM ET
- Size
- 19.4 KB