SEC Form 4 · accession 0001209191-15-050640
PROCERA NETWORKS, INC. · PKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan B Lefkof
Director
Period of report
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001165231
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 4, 2015 | U | 10,844 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ - Stock Option (Right to Buy) | $21.73 | Jun 5, 2015 | D | 5,000 | D | Aug 27, 2012 | Aug 27, 2022 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The Reporting Person tendered the shares in exchange for $11.50 per share, net to the Reporting Person in cash, without interest and subject to deduction for any required withholding of taxes, in the tender offer made pursuant to the Agreement and Plan of Merger, dated April 21, 2015, by and among the Issuer, KDR Holding, Inc. and KDR Acquisition, Inc. (the "Merger Agreement").
- F2This option was canceled for no consideration pursuant to the terms of the Merger Agreement.