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