SEC Form 4 · accession 0000899243-19-000876
INTERSECTIONS INC · INTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
WndrCo Holdings, LLC
10% Owner
WC SACD One, Inc.
10% Owner
WC SACD One Parent, Inc.
10% Owner · Other
WC SACD One Merger Sub, Inc.
10% Owner
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF2,F1,F3 | Jan 7, 2019 | P | 13,435,388 | $3.68 | A | 13,435,388 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being filed jointly by WC SACD One Parent, Inc. ("Parent"), WC SACD One Merger Sub, Inc. ("Merger Sub"), WC SADC One, Inc. ("WC SACD"), and WndrCo Holdings, LLC ("WndrCo", and collectively with Parent, Merger Sub, and WC SACD, the "Reporting Persons"). Merger Sub is a direct wholly-owned subsidiary of Parent. Parent is a direct wholly-owned subsidiary of WC SACD. WC SACD is a joint venture, whose stockholders include WndrCo.
- F2Pursuant to the terms of the Agreement and Plan of Merger, dated as of October 31, 2018, as amended (the "Merger Agreement"), by and among, Parent, Merger Sub and Intersections Inc. (the "Company"), Merger Sub conducted a tender offer (the "Offer") for all issued and outstanding shares of common stock, par value $0.01 per share ("Common Stock") of the Company (other than certain shares which certain stockholders agreed to rollover in the transaction), at a price of $3.68 per share, in cash, without interest and less any applicable withholding taxes. The Offer expired on January 4, 2019 at 5 p.m. New York City time, at which time approximately 13,435,388 shares of Common Stock were validly tendered and not validly withdrawn (excluding shares with respect to which notices of guaranteed delivery were delivered). On January 7, 2019, Merger Sub accepted for payment all shares validly tendered and not withdrawn in the Offer.
- F3Merger Sub is the direct beneficial owner of these shares of Common Stock of the Company. Because of the relationship of WndrCo, WC SACD, and Parent to Merger Sub, each of WndrCo, WC SACD and Parent may be deemed to indirectly beneficially own the shares of Common Stock of the Company beneficially owned by Merger Sub. Each of WndrCo, WC SACD and Parent disclaims beneficial ownership of such shares of Common Stock except to the extent of their pecuniary interest therein, and the inclusion of such shares in this Form 4 shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.