4//SEC Filing
Marano Thomas F. 4
Accession 0001209191-17-046710
CIK 0001587755other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 5:03 PM ET
Size
12.8 KB
Accession
0001209191-17-046710
Insider Transaction Report
Form 4
Marano Thomas F.
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Stock Option
2017-07-31−880,141→ 0 totalExercise: $12.01Exp: 2024-11-20→ Common Stock (880,141 underlying) - Disposition to Issuer
Common Stock
2017-07-31$23.75/sh−10,000$237,500→ 0 total - Disposition to Issuer
Stock Option
2017-07-31−880,141→ 0 totalExercise: $10.49Exp: 2024-11-20→ Common Stock (880,141 underlying) - Disposition to Issuer
Stock Option
2017-07-31−880,141→ 0 totalExercise: $11.25Exp: 2024-11-20→ Common Stock (880,141 underlying)
Footnotes (2)
- [F1]On April 7, 2017, Intrawest Resorts Holdings, Inc. ("IRHI") entered into an Agreement and Plan of Merger with Hawk Holding Company, LLC, Hawk Holding Company, Inc., and Hawk Merger Sub, Inc., pursuant to which Hawk Merger Sub, Inc. would be merged with and into IRHI, with IRHI continuing as the Surviving Company (the "Merger"). Pursuant to the Merger Agreement, upon closing of the Merger on July 31, 2017, each share of IRHI common stock ("Common Stock") issued and outstanding was converted into the right to receive $23.75 in cash and each outstanding option to purchase a share of Common Stock (a "Stock Option") was terminated and canceled in exchange for the right to receive a single lump sum cash payment equal to (i) the product of (A) the number of shares of Common Stock subject to the Stock Option, whether or not then vested, and (B) the excess of $23.75 over the exercise price applicable to such Stock Option.
- [F2]Pursuant to the Stock Option Award Agreement dated November 20, 2014 between IRHI and the reporting person, the first tranche of the Stock Option vested and became exercisable on November 20, 2016, and the second tranche of the Stock Option would become vested and exercisable on November 20, 2017, subject to the reporting person's continued employment with IRHI. Pursuant to the Merger Agreement, upon closing of the Merger on July 31, 2017, the Stock Option vested in full.
Documents
Issuer
Intrawest Resorts Holdings, Inc.
CIK 0001587755
Entity typeother
Related Parties
1- filerCIK 0001625795
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 5:03 PM ET
- Size
- 12.8 KB