SEC Form 4 · accession 0001209191-17-061521
EXA CORP · EXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Shields
Director
Period of report
Nov 17, 2017
Accepted (ET)
Nov 17, 2017 · 4:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 17, 2017 | D | 59,175 | $24.25 | D | 0 | D | |
| Common StockF1 | Nov 17, 2017 | D | 4,115 | $24.25 | D | 0 | I | By wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | — | Nov 17, 2017 | D | 5,353 | D | — | — | Common Stock | 5,353 | 0 | D |
Explanation of responses
- F1Disposed of upon the effectiveness of the merger of 3DS Acquisition 3 Corp., Inc. ("3DS"), a wholly owned subsidiary of Dassault Systemes Simulia Corp. ("Dassault"), with and into the Issuer on November 17, 2017 pursuant to a merger agreement dated September 27, 2017 among Dassault, 3DS and the Issuer (the "Merger").
- F2Each restricted stock unit represented a contingent right to receive one share of the Issuer's common stock.
- F3Upon the effectiveness of the Merger, the restricted stock units became fully vested and were canceled in exchange for a cash payment of $129,810.25 (representing a price of $24.25 per restricted stock unit).