Rovi Corp 4
4 · Rovi Corp · Filed Sep 8, 2016
Insider Transaction Report
Form 4
Rovi CorpROVI
QUINDLEN RUTHANN
Director
Transactions
- Disposition to Issuer
Common Stock
2016-09-07−38,442→ 0 total - Disposition to Issuer
Director Stock Option (right to buy)
2016-09-07−15,000→ 0 totalExercise: $57.63Exp: 2018-07-01→ Common Stock (15,000 underlying)
Footnotes (4)
- [F1]Includes the restricted stock award of 10,296 shares granted on July 1, 2016 that was accelerated and became fully vested on September 7, 2016 at the completion of Rovi's acquisition of TiVo Inc. pursuant to the Merger Agreement (as defined below).
- [F2]Disposed of pursuant to that certain Agreement and Plan of Merger, dated as of April 28, 2016 (the "Merger Agreement"), by and among the issuer, TiVo Corporation (f/k/a Titan Technologies Corporation), TiVo Inc., Titan Acquisition Sub, Inc., and Nova Acquisition Sub, Inc., and related statutory merger agreement between Nova Acquisition Sub, Inc. and issuer (the "Rovi Merger Agreement"), in a one-for-one exchange of TiVo Corporation common stock.
- [F3]Option was assumed by TiVo Corporation pursuant to the Merger Agreement and the Rovi Merger Agreement and was converted into an option to purchase an equivalent number of shares of TiVo Corporation common stock at an equivalent exercise price and under the same terms and conditions as the original option.
- [F4]Granted July 1, 2011. Fully vested July 1, 2012.