SEC Form 4 · accession 0001095291-18-000132
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh M Durden
Director
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 4:10 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 | 91,998 | $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 | $4.83 | Oct 11, 2018 | D | 10,500 | D | — | May 6, 2019 | Common Stock | 10,500 | 0 | D |
| Stock Option (Right to Buy)F3,F2 | $4.61 | Oct 11, 2018 | D | 13,500 | D | — | May 5, 2020 | Common Stock | 13,500 | 0 | D |
| Stock Option (Right to Buy)F3,F2 | $12.42 | Oct 11, 2018 | D | 11,500 | D | — | May 4, 2021 | Common Stock | 11,500 | 0 | D |
| Stock Option (Right to Buy)F3,F2 | $19.24 | Oct 11, 2018 | D | 4,657 | D | — | May 8, 2023 | Common Stock | 4,657 | 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 30,000 shares of restricted stock units and 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.