4//SEC Filing
Bats Global Markets, Inc. 4
Accession 0001179110-17-003564
CIK 0001659228operating
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 10:20 AM ET
Size
5.8 KB
Accession
0001179110-17-003564
Insider Transaction Report
Form 4
Richter Michael L
Director
Transactions
- Disposition to Issuer
Common Stock
2017-02-28−64,752→ 0 total
Footnotes (2)
- [F1]As of the effective time (the "Effective Time") of the transactions contemplated by the Agreement and Plan of Merger by and among the Issuer, CBOE Holdings, Inc. ("CBOE"), CBOE Corporation and CBOE V, LLC, dated as of September 25, 2016 (the "Merger Agreement"), each outstanding share of common stock of the Issuer ("Common Stock") was canceled and converted into the right to receive (i) 0.3201 of a share of common stock of CBOE, par value $0.01 per share ("CBOE Common Stock") and $10.00 in cash, (ii) an amount of cash, without interest, equal to the sum of (a) $10 and (b) the product obtained by multiplying 0.3201 by the volume-weighted average price of shares of CBOE Common Stock for the period of the ten consecutive trading days ending on the second full trading day prior to the Effective Time (the "Closing VWAP"), or (iii) a number of shares of CBOE Common Stock equal to the sum of (a)0.3201 and (b) the quotient obtained by dividing $10 by the Closing VWAP (the "Exchange Ratio").
- [F2]Includes: 3,529 shares of restricted Common Stock that will immediately vest at the Effective Time.
Documents
Issuer
Bats Global Markets, Inc.
CIK 0001659228
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001659228
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 10:20 AM ET
- Size
- 5.8 KB