0001209191-16-138104.txt : 20160822
0001209191-16-138104.hdr.sgml : 20160822
20160822163029
ACCESSION NUMBER: 0001209191-16-138104
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160822
FILED AS OF DATE: 20160822
DATE AS OF CHANGE: 20160822
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: QLIK TECHNOLOGIES INC
CENTRAL INDEX KEY: 0001305294
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 201643718
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 N. RADNOR CHESTER ROAD
STREET 2: SUITE E220
CITY: RADNOR
STATE: PA
ZIP: 19087
BUSINESS PHONE: 888-828-9768
MAIL ADDRESS:
STREET 1: 150 N. RADNOR CHESTER ROAD
STREET 2: SUITE E220
CITY: RADNOR
STATE: PA
ZIP: 19087
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MacCarrick Timothy J
CENTRAL INDEX KEY: 0001441571
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34803
FILM NUMBER: 161845538
MAIL ADDRESS:
STREET 1: C/O QLIK TECHNOLOGIES INC.,
STREET 2: 150 N. RADNOR CHESTER ROAD
CITY: RADNOR
STATE: PA
ZIP: 19087
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-08-22
1
0001305294
QLIK TECHNOLOGIES INC
QLIK
0001441571
MacCarrick Timothy J
C/O QLIK TECHNOLOGIES INC.,
150 N. RADNOR CHESTER ROAD
RADNOR
PA
19087
0
1
0
0
CFO
Common Stock
2016-08-22
4
D
0
29976
D
0
D
Employee Stock Option (Right to Buy)
29.35
2016-08-22
4
D
0
250000
1.15
D
2023-07-08
Common Stock
250000
0
D
Employee Stock Option (Right to Buy)
22.68
2016-08-22
4
D
0
65500
7.82
D
2024-06-06
Common Stock
65500
0
D
Employee Stock Option (Right to Buy)
26.19
2016-08-22
4
D
0
83400
4.31
D
2026-03-07
Common Stock
83400
0
D
Restricted Stock Unit
2016-08-22
4
D
0
34400
30.50
D
Common Stock
34400
0
D
Restricted Stock Unit
2016-08-22
4
D
0
15075
30.50
D
Common Stock
15075
0
D
Restricted Stock Unit
2016-08-22
4
D
0
15450
30.50
D
Common Stock
15450
0
D
Disposed of pursuant to the Agreement and Plan of Merger between Issuer, Project Alpha Holding, LLC and Project Alpha Merger Corp. (the "Merger Agreement"), whereby, immediately prior to the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were converted into the right to receive $30.50 per share in cash and, when so converted, automatically cancelled.
This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on July 1, 2014 (the "2014 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2014 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2014 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on June 6, 2015 (the "2015 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2015 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2015 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on March 7, 2017 (the "2017 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2017 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2017 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options.
Each restricted stock unit ("RSU") represented a contingent right to receive one share of the Issuer's common stock.
The RSU, which provided for vesting in 4 equal annual installments beginning on March 7, 2017, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
Not applicable.
The RSU, which provided for vesting in 4 equal annual installments beginning on June 5, 2016, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
The RSU, which provided for vesting in 4 equal annual installments beginning on June 6, 2015, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment.
/s/ Deborah C. Lofton, Attorney-in-Fact for Timothy J. MacCarrick
2016-08-22