0001209191-15-074816.txt : 20151008
0001209191-15-074816.hdr.sgml : 20151008
20151008121049
ACCESSION NUMBER: 0001209191-15-074816
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151006
FILED AS OF DATE: 20151008
DATE AS OF CHANGE: 20151008
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DOT HILL SYSTEMS CORP
CENTRAL INDEX KEY: 0001042783
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572]
IRS NUMBER: 133460176
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1351 SOUTH SUNSET STREET
CITY: LONGMONT
STATE: CO
ZIP: 80501
BUSINESS PHONE: 303-845-3200
MAIL ADDRESS:
STREET 1: 1351 SOUTH SUNSET STREET
CITY: LONGMONT
STATE: CO
ZIP: 80501
FORMER COMPANY:
FORMER CONFORMED NAME: BOX HILL SYSTEMS CORP
DATE OF NAME CHANGE: 19970722
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jamal Hanif I
CENTRAL INDEX KEY: 0001368948
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13317
FILM NUMBER: 151150347
MAIL ADDRESS:
STREET 1: C/O DOT HILL SYSTEMS CORP.
STREET 2: 1351 S. SUNSET STREET
CITY: LONGMONT
STATE: CO
ZIP: 80501
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-10-06
1
0001042783
DOT HILL SYSTEMS CORP
HILL
0001368948
Jamal Hanif I
1351 S. SUNSET STREET
LONGMONT
CO
80501
0
1
0
0
Chief Financial Officer
Common Stock
2015-10-06
4
U
0
257619
D
0
D
Employee Stock Option (Right to Buy)
3.03
2015-10-06
4
D
0
225000
D
2016-07-30
Common Stock
225000
0
D
Employee Stock Option (Right to Buy)
3.57
2015-10-06
4
D
0
75000
D
2017-02-26
Common Stock
75000
0
D
Employee Stock Option (Right to Buy)
2.40
2015-10-06
4
D
0
100000
D
2018-03-17
Common Stock
100000
0
D
Employee Stock Option (Right to Buy)
2.36
2015-10-06
4
D
0
75000
D
2018-08-10
Common Stock
75000
0
D
Employee Stock Option (Right to Buy)
1.44
2015-10-06
4
D
0
116667
D
2017-03-08
Common Stock
116667
0
D
Employee Stock Option (Right to Buy)
2.84
2015-10-06
4
D
0
80000
D
2018-05-09
Common Stock
80000
0
D
Employee Stock Option (Right to Buy)
1.40
2015-10-06
4
D
0
127500
D
2019-03-18
Common Stock
127500
0
D
Employee Stock Option (Right to Buy)
1.06
2015-10-06
4
D
0
125000
D
2020-03-18
Common Stock
125000
0
D
Employee Stock Option (Right to Buy)
4.00
2015-10-06
4
D
0
106000
D
2021-03-10
Common Stock
106000
0
D
Employee Stock Option (Right to Buy)
4.75
2015-10-06
4
D
0
75000
D
2022-03-09
Common Stock
75000
0
D
Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated August 18, 2015, among the Issuer, Seagate HDD Cayman ("Parent"), and Denali Acquisition Sub Corp., a wholly-owned subsidiary of Parent ("Merger Sub"), in exchange for cash consideration of $9.75 per share, without interest, subject to any required withholding of taxes. Pursuant to the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation (the "Merger").
This option, which was fully vested on the closing date of the Merger (October 6, 2015), was cancelled in the Merger in exchange for a cash payment equal to $9.75 per share minus the per share exercise price of the option, subject to any applicable tax withholdings.
This option, which provided for vesting of 25% of the shares subject to the option on March 19, 2013 and the remaining shares vesting in equal monthly installments over the following three years, was cancelled in the Merger in exchange for a cash payment equal to $9.75 per share, minus the per share exercise price of the option, subject to any applicable tax withholdings. In connection with the Merger, vesting of the stock option was accelerated and the option became fully vested and exercisable effective immediately prior to the effective time of the Merger.
This option, which provided for vesting of 25% of the shares subject to the option on March 19, 2014 and the remaining shares vesting in equal monthly installments over the following three years, was cancelled in the Merger in exchange for a cash payment equal to $9.75 per share, minus the per share exercise price of the option, subject to any applicable tax withholdings. In connection with the Merger, vesting of the stock option was accelerated and the option became fully vested and exercisable effective immediately prior to the effective time of the Merger.
This option, which provided for vesting of 25% of the shares subject to the option on March 11, 2015 and the remaining shares vesting in equal monthly installments over the following three years, was cancelled in the Merger in exchange for a cash payment equal to $9.75 per share, minus the per share exercise price of the option, subject to any applicable tax withholdings. In connection with the Merger, vesting of the stock option was accelerated and the option became fully vested and exercisable effective immediately prior to the effective time of the Merger.
This option, which provided for vesting of 25% of the shares subject to the option on March 10, 2016 and the remaining shares vesting in equal monthly installments over the following three years, was cancelled in the Merger in exchange for a cash payment equal to $9.75 per share, minus the per share exercise price of the option, subject to any applicable tax withholdings. In connection with the Merger, vesting of the stock option was accelerated and the option became fully vested and exercisable effective immediately prior to the effective time of the Merger.
/s/ Hanif I. Jamal
2015-10-08