0001628280-15-004857.txt : 20150610
0001628280-15-004857.hdr.sgml : 20150610
20150610085553
ACCESSION NUMBER: 0001628280-15-004857
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150610
FILED AS OF DATE: 20150610
DATE AS OF CHANGE: 20150610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Borderfree, Inc.
CENTRAL INDEX KEY: 0001277141
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: SUITE 1902
STREET 2: 555 8TH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
BUSINESS PHONE: 2122993500
MAIL ADDRESS:
STREET 1: 55 W. 39TH ST
STREET 2: 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10018
FORMER COMPANY:
FORMER CONFORMED NAME: FiftyOne, Inc.
DATE OF NAME CHANGE: 20100512
FORMER COMPANY:
FORMER CONFORMED NAME: E4X INC
DATE OF NAME CHANGE: 20040121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dhatt Brian Singh
CENTRAL INDEX KEY: 0001602034
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36359
FILM NUMBER: 15922353
MAIL ADDRESS:
STREET 1: BORDERFREE, INC.
STREET 2: 292 MADISON AVENUE, 5TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
wf-form4_143394094374918.xml
FORM 4
X0306
4
2015-06-10
1
0001277141
Borderfree, Inc.
BRDR
0001602034
Dhatt Brian Singh
C/O BORDERFREE, INC.
292 MADISON AVENUE, 5TH FLOOR
NEW YORK
NY
10017
0
1
0
0
Chief Technology Officer
Stock Option (Right to Buy)
7.68
2015-06-10
4
D
0
63500
0
D
2024-03-01
Common Stock
63500.0
0
D
Stock Option (Right to Buy)
16.0
2015-06-10
4
D
0
37125
0
D
2024-03-20
Common Stock
37125.0
0
D
Stock Option (Right to Buy)
6.71
2015-06-10
4
D
0
142377
0
D
2023-06-10
Common Stock
142377.0
0
D
Represents options (the "Options") to purchase the Issuer's common stock that were subject to vesting over time but were cancelled at the effective time of the merger (the "Merger") pursuant to the Agreement and Plan of Merger, dated May 5, 2015, by and among the Company, Pitney Bowes Inc. and BrickBreaker Acquisition Corp., in which outstanding options were exchanged for a cash payment in the amount by which the per share purchase price of $14.00 (the "Merger Consideration") exceeded the exercise price of the option as of the effective time of the Merger.
Represents options (the "Options") to purchase the Issuer's common stock that were subject to vesting over time but were cancelled at the effective time of the merger (the "Merger") pursuant to the Agreement and Plan of Merger, dated May 5, 2015, by and among the Company, Pitney Bowes Inc. and BrickBreaker Acquisition Corp., in which outstanding options were exchanged for a cash payment in the amount by which the per share purchase price of $14.00 (the "Merger Consideration") exceeded the exercise price of the option as of the effective time of the Merger. Because the exercise price of such Options exceeded the Merger Consideration, such Options were cancelled without consideration.
/s/Ari Staiman, Attorney-in-fact
2015-06-10