4//SEC Filing
Apigee Corp 4
Accession 0000899243-16-033586
CIK 0001324772operating
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 6:59 PM ET
Size
18.0 KB
Accession
0000899243-16-033586
Insider Transaction Report
Form 4
Apigee CorpAPIC
Giamalis Stacey
Chief Counsel
Transactions
- Disposition to Issuer
Common Stock
2016-11-10−27,073→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2016-11-10−96,986→ 0 totalExercise: $4.11Exp: 2023-10-13→ Common Stock (96,986 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2016-11-10−9,867→ 0 totalExercise: $12.70Exp: 2024-10-24→ Common Stock (9,867 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2016-11-10−37,500→ 0 totalExercise: $7.41Exp: 2025-08-26→ Common Stock (37,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2016-11-10−20,000→ 0 totalExercise: $12.96Exp: 2026-06-21→ Common Stock (20,000 underlying)
Footnotes (11)
- [F1]Includes 26,250 shares represented by restricted stock units, or RSUs, of which 6,250 RSUs were previously reported in Table II.
- [F10]The option was granted on June 21, 2016 and provided for vesting of one-fourth of the shares underlying the option on June 21, 2017 and one-sixteenth of the shares vest quarterly thereafter.
- [F11]Pursuant to the Merger Agreement, the 20,000 unvested option shares shall be assumed by Google and converted into the right to receive an amount in cash equal to (x) the difference between $17.40 and the per share exercise price of the option multiplied by (y) the Unvested Option Consideration, with payment of such Unvested Option Consideration to be made in accordance with the vesting schedule applicable to the unvested option shares, subject to acceleration as provided in the April 8, 2015 confirmatory offer letter.
- [F2]Pursuant to the merger agreement between the Issuer and Google Inc. dated September 7, 2016 (the "Merger Agreement"), the RSUs will be assumed by Google and converted into Google restricted stock units in respect of that number of shares of Alphabet Class C Capital Stock equal to the product of (x) the number of shares of Issuer common stock underlying the RSUs multiplied by (y) 0.0225405.
- [F3]At the effective time of the merger, each share of Issuer common stock was cancelled in exchange for a cash payment of $17.40 per share.
- [F4]The option was granted on October 14, 2013 and provided for vesting of one-fourth of the shares underlying the option on October 10, 2014 and one forty-eighth of the shares vest monthly thereafter.
- [F5]Pursuant to the Merger Agreement, the 74,760 vested option shares were cancelled in exchange for a cash payment equal to (x) the difference between $17.40 and the per share exercise price of the option, multiplied by (y) the number of cancelled option shares (rounded down to the nearest whole share) and the 22,226 unvested option shares shall be assumed by Google and converted into the right to receive an amount in cash equal to (x) the difference between $17.40 and the per share exercise price of the option multiplied by (y) the number of unvested option shares (the "Unvested Option Consideration"), with payment of such Unvested Option Consideration to be made in accordance with the vesting schedule applicable to the unvested option shares, subject to acceleration as provided in the April 8, 2015 confirmatory offer letter.
- [F6]The option was granted on October 25, 2014 and provided for vesting of one-fourth of the shares underlying the option on October 20, 2015 and one forty-eighth of the shares vest monthly thereafter.
- [F7]Pursuant to the Merger Agreement, the 4,933 vested option shares were cancelled in exchange for a cash payment equal to (x) the difference between $17.40 and the per share exercise price of the option, multiplied by (y) the number of cancelled option shares (rounded down to the nearest whole share) and the 4,934 unvested option shares shall be assumed by Google and converted into the right to receive an amount in cash equal to (x) the difference between $17.40 and the per share exercise price of the option multiplied by (y) the Unvested Option Consideration, with payment of such Unvested Option Consideration to be made in accordance with the vesting schedule applicable to the unvested option shares, subject to acceleration as provided in the April 8, 2015 confirmatory offer letter.
- [F8]The option was granted on August 27, 2015 and provided for vesting of one-fourth of the shares underlying the option on November 17, 2016 and one-sixteenth of the shares vest quarterly thereafter.
- [F9]Pursuant to the Merger Agreement, the 37,500 unvested option shares shall be assumed by Google and converted into the right to receive an amount in cash equal to (x) the difference between $17.40 and the per share exercise price of the option multiplied by (y) the Unvested Option Consideration, with payment of such Unvested Option Consideration to be made in accordance with the vesting schedule applicable to the unvested option shares, subject to acceleration as provided in the April 8, 2015 confirmatory offer letter.
Documents
Issuer
Apigee Corp
CIK 0001324772
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001324772
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 6:59 PM ET
- Size
- 18.0 KB