0001209191-16-138109.txt : 20160822 0001209191-16-138109.hdr.sgml : 20160822 20160822163300 ACCESSION NUMBER: 0001209191-16-138109 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160822 FILED AS OF DATE: 20160822 DATE AS OF CHANGE: 20160822 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QLIK TECHNOLOGIES INC CENTRAL INDEX KEY: 0001305294 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 201643718 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 150 N. RADNOR CHESTER ROAD STREET 2: SUITE E220 CITY: RADNOR STATE: PA ZIP: 19087 BUSINESS PHONE: 888-828-9768 MAIL ADDRESS: STREET 1: 150 N. RADNOR CHESTER ROAD STREET 2: SUITE E220 CITY: RADNOR STATE: PA ZIP: 19087 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Thurmond Mark C. CENTRAL INDEX KEY: 0001651579 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34803 FILM NUMBER: 161845571 MAIL ADDRESS: STREET 1: 150 N. RADNOR CHESTER ROAD, SUITE E-120 CITY: RADNOR STATE: PA ZIP: 19087 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-08-22 1 0001305294 QLIK TECHNOLOGIES INC QLIK 0001651579 Thurmond Mark C. 150 N. RADNOR CHESTER ROAD SUITE E-120 RADNOR PA 19087 0 1 0 0 EVP, Worldwide Sales and Serv. Common Stock 2016-08-22 4 D 0 65000 D 0 D Employee Stock Option (Right to Buy) 26.19 2016-08-22 4 D 0 83400 4.31 D 2026-03-07 Common Stock 83400 0 D Restricted Stock Unit 2016-08-22 4 D 0 34400 30.50 D Common Stock 34400 0 D These shares represent a restricted stock unit ("RSU") grant earned in connection with the satisfaction of certain performance criteria pursuant to a previously issued performance-based RSU award, which provided for settlement of these RSUs in equal annual installments on September 1, 2016 and September 1, 2017, provided that the Reporting Person remained continuously employed by the Issuer through such dates. Each RSU represented a contingent right to receive one share of the Issuer's common stock. This RSU was cancelled pursuant to the Agreement and Plan of Merger between Issuer, Project Alpha Holding, LLC and Project Alpha Merger Corp. (the "Merger Agreement"). The Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the effective time of the merger contemplated within the Merger Agreement (the "Effective Time") or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment. This option, which provided for vesting with respect to one-quarter (1/4) of the shares of stock which were subject to this option on March 7, 2017 (the "2017 Initial Vesting Date"), provided Reporting Person remained continuously employed by the Issuer through the 2017 Initial Vesting Date; and exercisable with respect to three-quarters (3/4) of the shares of stock which were subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the 2017 Initial Vesting Date, provided that the Reporting Person remained continuously employed by the Issuer through the last day of each quarterly period, was cancelled pursuant to the Merger Agreement and, as soon as possible following the Effective Time, the Reporting Person was entitled to receive a cash payment equal to the product of (1) the difference between the exercise price and $30.50 and (2) the number of unexercised options. Each RSU represented a contingent right to receive one share of the Issuer's common stock. The RSU, which provided for vesting in 4 equal annual installments beginning on March 7, 2017, was cancelled pursuant to the Merger Agreement and the Reporting Person became entitled to receive an initial cash payment equal to the product of $30.50 and the sum of the number of vested but unsettled shares of common stock and 1/3 of the unvested shares of common stock subject to this RSU. The Reporting Person shall be entitled to receive a payment for the remaining 2/3 of the unvested shares of common stock subject to this RSU in equal portions promptly following the 12 and 18 month anniversaries of the Effective Time or upon the earlier date as the RSU was scheduled to vest according to the original vesting conditions, provided the Reporting Person remains continuously employed by the Issuer through such date and provided further that if the Reporting Person is terminated without cause, the vesting conditions will be deemed satisfied on the Reporting Person's last day of employment. Not applicable. /s/ Deborah C. Lofton, Attorney-in-Fact for Mark C. Thurmond 2016-08-22