SEC Form 4 · accession 0001179110-18-010899
Cotiviti Holdings, Inc. · COTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E. Parisi
Director
Period of report
Aug 27, 2018
Accepted (ET)
Aug 27, 2018 · 9:57 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001657197
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Aug 27, 2018 | D | 7,308 | — | D | 0 | D | |
| Common Stock, par value $0.001 per shareF1,F2 | Aug 27, 2018 | D | 5,000 | — | D | 0 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F3 | $11.33 | Aug 27, 2018 | D | 12,292 | D | — | Jun 2, 2025 | Common Stock, par value $0.001 | 12,292 | 0 | D |
| Options (right to buy)F4 | $11.33 | Aug 27, 2018 | D | 12,292 | D | — | Jun 2, 2025 | Common Stock, par value $0.001 | 12,292 | 0 | D |
| Restricted Stock UnitsF7,F5,F6 | — | Aug 27, 2018 | D | 4,708 | D | — | — | Common Stock, par value $0.001 | 4,708 | 0 | D |
Explanation of responses
- F1Disposed of pursuant to an Agreement and Plan of Merger, dated June 19, 2018, between Cotiviti Holdings, Inc., Verscend Technologies, Inc. and Rey Merger Sub, Inc. in exchange for a cash payment of $44.75 per share.
- F2Held directly by a family revocable trust of which the Reporting Person and his spouse are the trustees.
- F3This option, which provided for vesting in five equal annual installments commencing on June 2, 2016, was cancelled in the merger in exchange for a cash payment equal to: (a) the number of shares of Issuer common stock underlying the option, multiplied by (b) the excess of $44.75 over the per share exercise price of such option.
- F4This option, which was fully vested on September 30, 2016, was cancelled in the merger in exchange for a cash payment equal to: (a) the number of shares of Issuer common stock underlying the option, multiplied by (b) the excess of $44.75 over the per share exercise price of such option.
- F5Each Restricted Stock Unit represents the right to receive, at settlement, one (1) share of common stock, par value $0.001 per share.
- F6These Restricted Stock Units, which provided for vesting on the date of Cotiviti Holdings, Inc.'s first annual meeting of stockholders following the date of grant, June 1, 2018, subject to the Reporting Person's continued service through each applicable vesting date, were cancelled in the merger in exchange for a cash payment equal to $44.75 per share.
- F7Disposed of pursuant to an Agreement and Plan of Merger, dated June 19, 2018, between Cotiviti Holdings, Inc., Verscend Technologies, Inc. and Rey Merger Sub, Inc. in exchange for a cash payment of $44.75 per restricted stock unit.