0001225208-19-010676.txt : 20190730 0001225208-19-010676.hdr.sgml : 20190730 20190730172427 ACCESSION NUMBER: 0001225208-19-010676 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190726 FILED AS OF DATE: 20190730 DATE AS OF CHANGE: 20190730 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BAER RICHARD N CENTRAL INDEX KEY: 0001241852 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37938 FILM NUMBER: 19986493 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Liberty Expedia Holdings, Inc. CENTRAL INDEX KEY: 0001669600 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-NONSTORE RETAILERS [5960] IRS NUMBER: 811838757 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 720-875-5400 MAIL ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 4 1 doc4.xml X0306 4 2019-07-26 1 0001669600 Liberty Expedia Holdings, Inc. LEXEA 0001241852 BAER RICHARD N 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112 1 Chief Legal Officer Stock Option (right to buy) - LEXEA 38.0700 2019-07-26 4 D 0 39445.0000 D 2023-12-31 Series A Common Stock 39445.0000 0.0000 D The options vest 50% on December 31, 2019 and 50% on December 31, 2020. Pursuant to the terms of the Merger Agreement (as defined in the Remarks section), such stock option of the Issuer was accelerated and converted into the right to receive cash (without interest) in an amount equal to the product of (1) the excess (if any) of the per share cash equivalent consideration (calculated by multiplying 0.36 by the volume weighted average closing price of one share of Parent's (as defined in the Remarks section) common stock for the ten consecutive trading days ending on July 25, 2019) over the per share exercise price of such Issuer stock option, multiplied by (2) the number of shares of the Issuer's Series A common stock and Series B common stock subject to such Issuer stock option immediately prior to the effective time of the Merger (as defined in the Remarks section), less applicable tax withholdings. Pursuant to the Agreement and Plan of Merger, dated as of April 15, 2019 (as amended by Amendment No. 1 to Agreement and Plan of Merger, dated as of June 5, 2019, the "Merger Agreement"), by and among the Issuer, Expedia Group, Inc. ("Parent"), LEMS I LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent ("Merger LLC"), and LEMS II Inc., a Delaware corporation and a wholly owned subsidiary of Merger LLC ("Merger Sub"), on July 26, 2019, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Merger LLC, and immediately following the Merger, the Issuer (as the surviving corporation in the Merger) merged with and into Merger LLC (the "Upstream Merger"), with Merger LLC surviving the Upstream Merger as a wholly owned subsidiary of Parent. /s/ Craig Troyer as Attorney-in-Fact for Richard N. Baer 2019-07-30