0001213900-20-027629.txt : 20200921
0001213900-20-027629.hdr.sgml : 20200921
20200921173127
ACCESSION NUMBER: 0001213900-20-027629
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200921
FILED AS OF DATE: 20200921
DATE AS OF CHANGE: 20200921
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RESTREPO ROBERT P JR
CENTRAL INDEX KEY: 0001227758
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37466
FILM NUMBER: 201187290
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Majesco
CENTRAL INDEX KEY: 0001626853
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 770309142
STATE OF INCORPORATION: CA
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 412 MOUNT KEMBLE AVENUE
STREET 2: SUITE 110C
CITY: MORRISTOWN
STATE: NJ
ZIP: 07960
BUSINESS PHONE: (973) 461-5200
MAIL ADDRESS:
STREET 1: 412 MOUNT KEMBLE AVENUE
STREET 2: SUITE 110C
CITY: MORRISTOWN
STATE: NJ
ZIP: 07960
4
1
ownership.xml
X0306
4
2020-09-21
1
0001626853
Majesco
MJCO
0001227758
RESTREPO ROBERT P JR
C/O MAJESCO
412 MT. KEMBLE AVE., SUITE 110C
MORRISTOWN
NJ
07960
1
0
0
0
Common Stock
2020-09-21
4
D
0
50000
D
0
D
Stock option (right to purchase)
4.81
2020-09-21
4
D
0
33333
D
2025-10-28
Common stock
33333
0
D
Stock option (right to purchase)
5.24
2020-09-21
4
D
0
33333
D
2026-08-18
Common stock
33333
0
D
Stock option (right to purchase)
4.85
2020-09-21
4
D
0
15000
D
2027-07-26
Common stock
15000
0
D
Disposition pursuant to the Amended and Restated Agreement and Plan of Merger dated as of August 8, 2020 by and among Majesco, Magic Intermediate, LLC and Magic Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, on the effective date of the merger (September 21, 2020) (the "Effective Date"), each share of Issuer common stock was converted into the right to receive $16.00 in cash.
All 33,333 options are exercisable.
Disposition pursuant to the Merger Agreement. Pursuant to the Merger Agreement, on the Effective Date of the merger, each option to purchase shares of the Issuer's common stock, whether vested or unvested, was cancelled in exchange for the right to receive an amount in cash equal to the product of (a) the excess of $16.00 over the exercise price of such option multiplied by (b) the number of shares of Issuer common stock subject to such option.
All 33,333 options are exercisable.
The option vests and becomes exercisable in equal installments on an annual basis over a four-year period commencing on July 26, 2017. Upon the Effective Date of the merger, the vesting of all unvested options was accelerated such that all unvested options became immediately exercisable.
/s/Lori Stanley as Attorney-In-Fact For Robert P. Restrepo Jr.
2020-09-21