4//SEC Filing
Bajaj Rishi 4
Accession 0000902664-20-004127
CIK 0001470099other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 5:30 PM ET
Size
12.6 KB
Accession
0000902664-20-004127
Insider Transaction Report
Form 4
MOBILEIRON, INC.MOBL
Altai Capital Management, LLC
DirectorOther
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−46,358$326,824→ 0 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−3,713,158$26,177,764→ 0 total(indirect: See Footnotes)
Bajaj Rishi
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−3,713,158$26,177,764→ 0 total(indirect: See Footnotes) - Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−46,358$326,824→ 0 total
Altai Capital Management, L.P.
DirectorOther
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−46,358$326,824→ 0 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2020-12-01$7.05/sh−3,713,158$26,177,764→ 0 total(indirect: See Footnotes)
Footnotes (4)
- [F1]Represents 46,358 shares of common stock that were disposed of at the effective time of the merger (the "Merger") contemplated by the merger agreement, dated as of September 26, 2020, by and between the Issuer, Ivanti, Inc. and Oahu Merger Sub, Inc. (the "Merger Agreement") in exchange for a cash payment of $7.05 per share. Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive the Issuer's common stock. Pursuant to the Merger Agreement, the RSUs were subject to acceleration of vesting, cancelled and converted automatically into the right to receive a cash payment of $7.05 per share, subject to any required withholding of taxes.
- [F2]Represents 3,713,158 shares of common stock that were disposed of at the effective time of the Merger, contemplated by the Merger Agreement, in exchange for a cash payment of $7.05 per share.
- [F3]These shares are held for the account of certain funds and accounts (the"Altai Funds") managed by Altai Capital Management, L.P. ("Investment Manager"). Altai Capital Management, LLC ("IMGP") serves as the general partner of Investment Manager. Mr. Rishi Bajaj serves as Managing Principal and Chief Investment Officer of Investment Manager. The shares of the Issuer held by the Altai Funds may be deemed to be beneficially owned by each of Investment Manager, IMGP and Mr. Bajaj. Mr. Bajaj disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F4]Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), each of the Reporting Persons may be deemed to be the beneficial owner of the securities reported herein to the extent of his or its pecuniary interest therein, but disclaims beneficial ownership in excess of such amount; and pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.
Documents
Issuer
MOBILEIRON, INC.
CIK 0001470099
Entity typeother
Related Parties
1- filerCIK 0001619438
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 5:30 PM ET
- Size
- 12.6 KB