SEC Form 4 · accession 0001095291-18-000142
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M Carney
Officer — Executive Vice President
Period of report
Oct 11, 2018
Accepted (ET)
Oct 15, 2018 · 4:28 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 | 77,203 | $28.00 | D | 500 | D | |
| Common StockF2 | Oct 11, 2018 | A | 30,000 | $0.00 | A | 30,500 | D | |
| Common StockF3 | Oct 11, 2018 | D | 30,000 | $0.00 | D | 500 | 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)F5,F4 | $9.97 | Oct 12, 2018 | D | 25,612 | D | — | Feb 2, 2021 | Common Stock | 25,612 | 0 | D |
| Stock Option (Right to Buy)F5,F4 | $13.29 | Oct 11, 2018 | D | 60,000 | D | — | Feb 8, 2022 | Common Stock | 60,000 | 0 | D |
| Stock Option (Right to Buy)F5,F4 | $15.96 | Oct 11, 2018 | D | 65,000 | D | — | Jan 30, 2023 | Common Stock | 65,000 | 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 2,500 shares of restricted stock was cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- F2Pursuant to a merger agreement between Issuer and Parker Private Holdings II, LLC, and Parker Private Merger Sub, Inc., these performance stock units became fully vested on October 11, 2018.
- F3Pursuant to a merger agreement between Issuer and Parker Private Holdings, II, LLC., and Parker Private Merger Sub, Inc., these shares were cancelled in exchange for a cash payment of $28.00 per share, on October 11, 2018.
- F4Fully vested.
- F5This option was canceled in the merger for a cash payment per share equal to the difference between the exercise price and $28, the merger consideration price.