4//SEC Filing
Cagnazzi Robert 4
Accession 0001631825-19-000039
CIK 0001631825other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 7:23 PM ET
Size
22.5 KB
Accession
0001631825-19-000039
Insider Transaction Report
Form 4
Presidio, Inc.PSDO
Cagnazzi Robert
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock
2019-12-19$16.60/sh−535,484$8,889,034→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2019-12-19$16.60/sh−10,000$166,000→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−689,794→ 0 totalExercise: $1.43Exp: 2022-03-15→ Common Stock (689,794 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−200,000→ 200,000 totalExercise: $5.00Exp: 2025-03-11→ Common Stock (200,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−100,000→ 100,000 totalExercise: $5.00Exp: 2025-03-11→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−100,000→ 0 totalExercise: $5.00Exp: 2025-03-11→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−327,600→ 0 totalExercise: $14.00Exp: 2027-03-09→ Common Stock (327,600 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−300,000→ 0 totalExercise: $14.77Exp: 2028-08-13→ Common Stock (300,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2019-12-19−6,134→ 689,794 totalExercise: $1.43Exp: 2022-03-15→ Common Stock (6,134 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"). Pursuant to that certain Rollover Agreement by and between Robert Cagnazzi and Parent, dated as of August 13, 2019, Mr. Cagnazzi rolled over 363,656 shares of common stock for Class A-2 limited partnership units in Parent. The remaining 181,828 shares were converted into the right to receive $16.60.
- [F2]By The Project Brizo Limited Partnership. Robert Cagnazzi may be deemed to beneficially own the shares of common stock of Presidio, Inc. held by The Project Brizo Limited Partnership, the equity interests of which are held by its general partner, KBLAG LTD., and The 2012 Cagnazzi Irrevocable Gift Giving Trust (the "Trust"). Mr Cagnazzi is the President of KBLAG LTD., which holds 1% of the equity interests of The Project Brizo Limited Partnership. The Trust holds 99% of the equity interests of The Project Brizo Limited Partnership. The trustee and the beneficiaries of the Trust are members of Mr. Cagnazzi's household. Mr. Cagnazzi disclaims beneficial ownership of all such common stock held by The Project Brizo Limited Partnership. This report shall not be deemed an admission that Mr. Cagnazzi is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [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 0001672671
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 7:23 PM ET
- Size
- 22.5 KB