SEC Form 4 · accession 0001437749-18-001855
YuMe Inc · YUME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | $4.19 | Feb 2, 2018 | D | 45,056 | D | — | Aug 2, 2027 | Common Stock | 45,056 | 0 | D |
Explanation of responses
- F1Disposed of upon the closing of the exchange offer initiated by Redwood Merger Sub I, Inc. ("Purchaser") pursuant to the Agreement and Plan of Merger and Reorganization by and among RhythmOne plc, ("RhythmOne"), Purchaser (a wholly owned subsidiary of RhythmOne), Redwood Merger Sub II, Inc., and Issuer, dated as of September 4, 2017 (the "Merger Agreement"), whereby (continued below)
Remarks
1. (continued) whereby each vested option to acquire Issuer common stock with an exercise price less than the Transaction Consideration Value was cancelled in exchange for the right to receive the product of the Transaction Consideration multiplied by the number of Issuer shares of common stock issuable upon a cashless net exercise of the option. The number of Issuer shares of common stock to be received by the "net exercise" was calculated as the product of (i) the number of vested options less (ii) the product of the option exercise price divided by the Transaction Consideration Value plus estimated taxes divided by the Transaction Consideration Value.