SEC Form 4 · accession 0001095291-18-000124
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Cost
Director
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 3:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095291
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 11, 2018 | D | 43,763 | $28.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F2 | $17.87 | Oct 11, 2018 | D | 25,000 | D | — | Dec 4, 2024 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Pursuant to a merger agreement between Issuer and Parker Private Holdings II, LLC., and Parker Private Merger Sub, Inc., all common stock, including 9,726 shares of restricted stock, was cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- F2Fully vested.
- F3This option was cancelled in the merger for a cash payment per share equal to the difference between the exercise price and $28, the merger consideration price.