PANG Laurinda Y 4
4 · Acacia Communications, Inc. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
PANG Laurinda Y
Director
Transactions
- Disposition to Issuer
Common Stock
2021-03-01−4,323→ 2,128 total - Disposition to Issuer
Common Stock
2021-03-01$115.00/sh−2,128$244,720→ 0 total
Footnotes (2)
- [F1]Represents a restricted stock unit award that fully vested with respect to 4,323 shares of common stock in accordance with its terms immediately prior to the Merger. Pursuant to the terms of the Merger Agreement, each outstanding restricted stock unit award that has vested in accordance with is terms immediately prior to the Merger and has not yet been settled was automatically terminated and converted at the Effective Time into the right to receive the Merger Consideration for each underlying share; provided that payment of the Merger Consideration shall be subject to the same restrictions and vesting arrangements applicable to such award prior to the Effective Time.
- [F2]Pursuant to the Merger Agreement, at the Effective Time, each share of the Company's common stock automatically converted into the right to receive the Merger Consideration.