4//SEC Filing
BRECHER ELLIOT 4
Accession 0001631825-19-000037
CIK 0001631825other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 3:49 PM ET
Size
16.1 KB
Accession
0001631825-19-000037
Insider Transaction Report
Form 4
Presidio, Inc.PSDO
BRECHER ELLIOT
See Remarks
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−9,936→ 9,936 totalExercise: $6.29Exp: 2025-10-01→ Common Stock (9,936 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−9,936→ 0 totalExercise: $6.29Exp: 2025-10-01→ Common Stock (9,936 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−70,000→ 0 totalExercise: $14.00Exp: 2027-03-09→ Common Stock (70,000 underlying) - Disposition to Issuer
Common Stock
2019-12-19$16.60/sh−500$8,300→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−19,874→ 19,872 totalExercise: $6.29Exp: 2025-10-01→ Common Stock (19,874 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−75,000→ 0 totalExercise: $14.77Exp: 2028-08-13→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of August 14, 2019, as amended on September 25, 2019 (the "Merger Agreement"), by and among Presidio, Inc. ("Presidio"), BCEC - Port Holdings (Delaware), LP ("Parent") and Port Merger Sub, Inc., each share of common stock of Presidio issued and outstanding at the effective time was converted into the right to receive $16.60 in cash, without interest (the "Merger Consideration").
- [F2]Pursuant to that certain Subscription Agreement by and between Elliot Brecher and Parent, dated December 19, 2019, Mr. Brecher reinvested $100,000 of his total net option proceeds in exchange for a number of Class A-2 limited partnership units of Parent.
- [F3]Pursuant to the Merger Agreement, each Presidio stock option outstanding immediately prior to the effective time, whether vested or unvested, was accelerated and canceled in exchange for the excess, if any, of the Merger Consideration, less the applicable option exercise price (and less any applicable tax withholdings).
Documents
Issuer
Presidio, Inc.
CIK 0001631825
Entity typeother
Related Parties
1- filerCIK 0001103368
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 3:49 PM ET
- Size
- 16.1 KB