0001181431-13-059194.txt : 20131115
0001181431-13-059194.hdr.sgml : 20131115
20131115134831
ACCESSION NUMBER: 0001181431-13-059194
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131115
FILED AS OF DATE: 20131115
DATE AS OF CHANGE: 20131115
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ACTIVE NETWORK INC
CENTRAL INDEX KEY: 0001163932
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 330884962
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 10182 TELESIS COURT
STREET 2: SUITE 300
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
BUSINESS PHONE: 858-964-3800
MAIL ADDRESS:
STREET 1: 10182 TELESIS COURT
STREET 2: STE 300
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Triplett Dennis
CENTRAL INDEX KEY: 0001548964
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35187
FILM NUMBER: 131223407
MAIL ADDRESS:
STREET 1: 10182 TELESIS COURT
STREET 2: SUITE 100
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
4
1
rrd394735.xml
X0306
4
2013-11-15
1
0001163932
ACTIVE NETWORK INC
ACTV
0001548964
Triplett Dennis
10182 TELESIS COURT
SAN DIEGO
CA
92121
0
1
0
0
SVP, Operations
Common Stock
2013-11-15
4
U
0
23406
D
27750
D
Common Stock
2013-11-15
4
D
0
27750
D
0
D
Common Stock
2013-11-15
4
A
0
51000
A
51000
D
Common Stock
2013-11-15
4
D
0
51000
D
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
836
12.54
D
2018-08-28
Common Stock
836
0
D
Stock Option (right to buy)
3.84
2013-11-15
4
D
0
24799
10.66
D
2020-09-01
Common Stock
24799
0
D
Stock Option (right to buy)
7.88
2013-11-15
4
D
0
100000
6.62
D
2021-03-15
Common Stock
100000
0
D
Market Stock Option (right to buy)
13.06
2013-11-15
4
D
0
30000
1.44
D
2022-05-23
Common Stock
30000
0
D
Market Stock Units
0
2013-11-15
4
D
0
40000
14.50
D
Common Stock
40000
0
D
Market Stock Units
0
2013-11-15
4
D
0
24000
14.50
D
Common Stock
24000
0
D
Per the terms of the Agreement and Plan of Merger dated September 28, 2013, by and among Athlaction Holdings, LLC, Athlaction Merger Sub, Inc. and The Active Network, Inc. (the "Merger Agreement"), each share of The Active Network, Inc. (the "Company") common stock was converted into the right to receive cash in an amount equal to $14.50 per share.
Represents restricted stock units previously reported under Table I.
Per the terms of the Merger Agreement, each restricted stock unit granted that was outstanding as of the Effective Time (as defined in the Merger Agreement), was cancelled and converted into the right to receive cash in an amount equal to $14.50 per share.
On May 23, 2012 and August 28, 2012, the reporting person received performance stock unit awards (the "PSUs") to vest only upon satisfaction of certain corporate performance criteria. In connection with the merger, the PSUs were settled for the maximum number of shares.
Per the terms of the Merger Agreement, each PSU that was outstanding as of the Effective Time (as defined in the Merger Agreement), was cancelled and converted into the right to receive cash in an amount equal to $14.50 per share.
Per the terms of the Merger Agreement, each stock option that was outstanding and unexercised as of the Effective Time, whether or not vested, was cancelled and converted into the right to receive cash in an amount equal to (i) the total number of shares subject to each such option immediately prior to the Effective Time (without regard to vesting) multiplied by (ii) the excess, if any, of (x) $14.50 over (y) the exercise price payable per share under each such stock option.
In connection with the merger, the market stock options were cancelled and converted into the right to receive cash in an amount equal to (i) the total number of shares subject to each such option immediately prior to the Effective Time (without regard to vesting) multiplied by (ii) the excess, if any, of (x) $14.50 over (y) the exercise price payable per share under each such market stock option.
Per the terms of the Merger Agreement, these market stock units that were outstanding as of the Effective Time (as defined in the Merger Agreement), were settled for the maximum number of shares. Each market stock unit was cancelled and converted into the right to receive cash in an amount equal to $14.50 per share.
/s/ David Eisler, Attorney-in-fact
2013-11-15