0000899243-16-024862.txt : 20160711
0000899243-16-024862.hdr.sgml : 20160711
20160711144059
ACCESSION NUMBER: 0000899243-16-024862
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160711
FILED AS OF DATE: 20160711
DATE AS OF CHANGE: 20160711
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Demandware Inc
CENTRAL INDEX KEY: 0001301031
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5 WALL STREET
CITY: BURLINGTON
STATE: MA
ZIP: 01803
BUSINESS PHONE: 781-756-3700
MAIL ADDRESS:
STREET 1: 5 WALL STREET
CITY: BURLINGTON
STATE: MA
ZIP: 01803
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adams Timothy M
CENTRAL INDEX KEY: 0001298669
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35450
FILM NUMBER: 161761851
MAIL ADDRESS:
STREET 1: 311 ARSENAL STREET
CITY: WATERTOWN
STATE: MA
ZIP: 02472
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-07-11
1
0001301031
Demandware Inc
DWRE
0001298669
Adams Timothy M
C/O DEMANDWARE, INC.
5 WALL STREET
BURLINGTON
MA
01803
0
1
0
0
See Remarks
Common Stock
2016-07-11
4
U
0
19068
75.00
D
55425
D
Common Stock
2016-07-11
4
D
0
55425
75.00
D
0
D
Employee Stock Option (right to buy)
58.74
2016-07-11
4
D
0
40000
D
2024-06-02
Common Stock
40000
0
D
Pursuant to the terms of that certain Agreement and Plan of Merger, dated as of May 31, 2016, by and among Demandware, Inc., a Delaware corporation, salesforce.com, inc. a Delaware corporation and Dynasty Acquisition Corp., a wholly-owned subsidiary of salesforce.com, inc. and a Delaware corporation (the "Merger Agreement"), these shares were tendered and disposed of at the Effective Time (all terms capitalized but not defined shall have the meaning given to them in the Merger Agreement) in exchange for the right to receive $75.00 per share, net to the seller in cash, without interest, less any required withholding taxes.
Includes 268 shares acquired under the Demandware, Inc. Employee Stock Purchase Plan on June 30, 2016 pursuant to the Company's Employee Stock Purchase Plan.
After giving effect to any accelerated vesting required pursuant to the Merger Agreement and any existing agreement to the extent permitted by the Merger Agreement, each share of restricted stock was canceled and converted into the right to receive $75.00 per share, net to the seller in cash, without interest, less any required withholding taxes.
Includes 20,000 options that were unvested prior to the closing of the merger and 20,000 that were vested and exercisable. After giving effect to any accelerated vesting required pursuant to the Merger Agreement and any existing agreement to the extent permitted by the Merger Agreement, each unvested option became fully vested and exercisable and each outstanding and unexercised stock option was canceled and converted into the right to receive $75.00 per share minus the exercise price, net to the seller in cash, without interest, less any required withholding taxes.
EVP and Chief Financial Officer
/s/ Kathleen B. Patton, attorney-in-fact
2016-07-11