SEC Form 4 · accession 0001209191-18-027785
MULESOFT, INC · MULE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Dao
Officer — Chief Product Officer
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 5:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001374684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | May 1, 2018 | U | 2,941 | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $7.06 | May 2, 2018 | D | 917,390 | D | — | May 4, 2026 | Class B Common Stock | 917,390 | 0 | D |
Explanation of responses
- F1Includes 1,471 shares acquired under the Issuer's 2017 Employee Stock Purchase Plan on April 26, 2018 in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2Pursuant to the Agreement and Plan of Merger, dated as of March 20, 2018 (the "Merger Agreement"), by and among salesforce.com, inc. ("Salesforce"), Malbec Acquisition Corp. and the Issuer, each share of Class A common stock was tendered in exchange for (i) $36.00 in cash and (ii) 0.0711 of a share of Salesforce common stock, together with cash in lieu of any fractional shares of Salesforce common stock (the "Transaction Consideration"). Upon consummation of the tender offer and following the conversion of tendered shares of Class B common stock to Class A common stock on a one-to-one basis, the Reporting Person received Transaction Consideration of $105,876.00 in cash, 209 shares of Salesforce common stock and $12.74 in lieu of any fractional shares of Salesforce common stock.
- F3One-fourth of the shares subject to the option vested on January 16, 2017 and 1/48th of the shares vest monthly thereafter. Pursuant to the Merger Agreement, the option was assumed by Salesforce and converted into an option to purchase 337,597 shares of Salesforce common stock at an exercise price of $19.19 per share.