0000949158-19-000177.txt : 20190927
0000949158-19-000177.hdr.sgml : 20190927
20190927175237
ACCESSION NUMBER: 0000949158-19-000177
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190925
FILED AS OF DATE: 20190927
DATE AS OF CHANGE: 20190927
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schireson Max
CENTRAL INDEX KEY: 0001613381
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26820
FILM NUMBER: 191123301
MAIL ADDRESS:
STREET 1: C/O CRAY, INC.
STREET 2: 901 FIFTH AVENUE, SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CRAY INC
CENTRAL INDEX KEY: 0000949158
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571]
IRS NUMBER: 930962605
STATE OF INCORPORATION: WA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 901 FIFTH AVENUE
STREET 2: SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
BUSINESS PHONE: 2067012000
MAIL ADDRESS:
STREET 1: 901 FIFTH AVENUE
STREET 2: SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
FORMER COMPANY:
FORMER CONFORMED NAME: TERA COMPUTER CO \WA\
DATE OF NAME CHANGE: 19950809
4
1
wf-form4_156962114190513.xml
FORM 4
X0306
4
2019-09-25
1
0000949158
CRAY INC
CRAY
0001613381
Schireson Max
C/O CRAY INC.901 FIFTH AVE., SUITE 1000
SEATTLE
WA
98164
1
0
0
0
Common Stock
2019-09-25
4
D
0
16605
35
D
0
D
Stock option (right to buy)
28.64
2019-09-25
4
D
0
20000
D
2024-07-08
Common Stock
20000.0
0
D
Disposed of pursuant to the merger agreement among Issuer, Canopy Merger Sub, Inc., and Hewlett Packard Enterprise Company ("HPE") dated May 16, 2019 (the "Merger Agreement") for a payment of $35.00 in cash (the "Merger Consideration") on the closing date of the merger (the "Closing Date").
The option was 100% vested and exercisable on July 8, 2014.
To the extent vested, the option was cancelled and converted on the Closing Date into a cash payment equal to the product of (a) the aggregate number of underlying shares multiplied by (b) the excess of the Merger Consideration over the applicable per share exercise price of such option. To the extent unvested, the option was converted on the Closing Date into an option to acquire a number of shares of HPE common stock determined in accordance with the formula set forth in the Merger Agreement.
By Michael C. Piraino, Attorney-in-Fact for Max L. Schireson
2019-09-27