0001181431-13-059195.txt : 20131115
0001181431-13-059195.hdr.sgml : 20131115
20131115134951
ACCESSION NUMBER: 0001181431-13-059195
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: Alberga David
CENTRAL INDEX KEY: 0001515117
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35187
FILM NUMBER: 131223412
MAIL ADDRESS:
STREET 1: 10182 TELESIS COURT, SUITE 100
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
4
1
rrd394430.xml
X0306
4
2013-11-15
1
0001163932
ACTIVE NETWORK INC
ACTV
0001515117
Alberga David
10182 TELESIS COURT
SAN DIEGO
CA
92121
1
0
0
0
Common Stock
2013-11-15
4
U
0
184599
D
0
I
Alberga/Cernosia Revocable Declaration of Trust dated Oct. 26th, 2004
Common Stock
2013-10-10
5
G
0
2436
0
D
248641
D
Common Stock
2013-11-15
4
U
0
219119
D
29522
D
Common Stock
2013-11-15
4
D
0
29522
D
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
289829
12.54
D
2016-11-09
Common Stock
289829
0
I
Alberga/Cernosia Revocable Declaration of Trust dated Oct. 26th, 2004
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
355650
12.54
D
2017-09-06
Common Stock
355650
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
100000
12.54
D
2018-02-21
Common Stock
100000
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
158966
12.54
D
2018-08-22
Common Stock
158966
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
101026
12.54
D
2018-11-20
Common Stock
101026
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
20920
12.54
D
2019-01-20
Common Stock
20920
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
100000
12.54
D
2019-04-01
Common Stock
100000
0
D
Stock Option (right to buy)
1.96
2013-11-15
4
D
0
48980
12.54
D
2020-03-05
Common Stock
48980
0
D
Stock Option (right to buy)
7.88
2013-11-15
4
D
0
12690
6.62
D
2021-03-15
Common Stock
12690
0
D
Stock Option (right to buy)
7.88
2013-11-15
4
D
0
297310
6.62
D
2021-03-15
Common Stock
297310
0
I
Alberga/Cernosia Revocable Declaration of Trust dated Oct. 26th, 2004
Market Stock Option (right to buy)
13.06
2013-11-15
4
D
0
93587
1.44
D
2022-05-23
Common Stock
93587
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.
Mr. Alberga is the trustee of The Alberga/Cernosia Revocable Declaration of Trust dated October 26th, 2004 and has voting and dispositive power with respect to these shares. Mr. Alberga disclaims beneficial ownership except to the extent of his pecuniary interest therein.
The reporting person gifted 2,436 shares of the Company's common stock on October 10, 2013.
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.
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.
/s/ David Alberga
2013-11-15