Endurance International Group Holdings (EIGI) executive Orlando returned to the company 638,088 shares at $9.50

Insider transactions reported

John Orlando (executive at Endurance International Group Holdings, Inc., EIGI) reported that they returned to the company 638,088 shares at $9.50 on Feb 10, 2021. After these transactions the filing shows 0 shares held directly.

Reporting person

Orlando John

Options and other derivatives

Holdings before and after

• Common Stock: 188,910 to 0 direct
• Stock Option (right to buy): 15,766 to 0 direct

Footnotes from the filing

1. 1. Disposed of pursuant to the Agreement and Plan of Merger dated as of November 1, 2020 among issuer, Endure Digital Intermediate Holdings, Inc. (formerly known as Razorback Technology Intermediate Holdings, Inc.) and Endure Digital, Inc. (formerly known as Razorback technology, Inc.) (the Merger Agreement ), pursuant to which Endure Digital, Inc. merged with and into the issuer (the Merger ) effective as of February 10, 2021. Pursuant to the Merger Agreement, at the effective time of the Merger (the Effective Time ), each share of the Company's common stock automatically converted into the right to receive $9.50 per share in cash (the Merger Consideration ).
2. 2. Pursuant to the Merger Agreement, restricted stock units outstanding immediately prior to the Effective Time were vested in full, automatically canceled and converted into the right to receive the Merger Consideration for each underlying share on the closing date.
3. 3. This option, which provided for vesting of one-fourth of the shares on April 1, 2017 and vested in equal monthly installments thereafter until April 1, 2020, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
4. 4. This option, which provided for vesting of one-fourth of the shares on July 15, 2017 and vested in equal monthly installments thereafter until July 15, 2020, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
5. 5. This option, which provided for vesting of one-third of the shares on April 26, 2019 and vesting in equal monthly installments thereafter until April 26, 2021, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.
6. 6. This option, which provided for vesting of one-third of the shares on February 6, 2020 and vesting in equal monthly installments thereafter until February 6, 2022, was canceled in the Merger and converted into the right to receive, for each underlying share, the difference between the exercise price of the option and the Merger Consideration.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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