0001209191-20-061551.txt : 20201203
0001209191-20-061551.hdr.sgml : 20201203
20201203173212
ACCESSION NUMBER: 0001209191-20-061551
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201201
FILED AS OF DATE: 20201203
DATE AS OF CHANGE: 20201203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Foster Brian
CENTRAL INDEX KEY: 0001678256
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36471
FILM NUMBER: 201367848
MAIL ADDRESS:
STREET 1: 21575 RIDGETOP CIRCLE
CITY: STERLING
STATE: VA
ZIP: 20166
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MOBILEIRON, INC.
CENTRAL INDEX KEY: 0001470099
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 260866846
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 490 EAST MIDDLEFIELD ROAD
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
BUSINESS PHONE: 650-919-8100
MAIL ADDRESS:
STREET 1: 490 EAST MIDDLEFIELD ROAD
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
FORMER COMPANY:
FORMER CONFORMED NAME: MOBILE IRON, INC.
DATE OF NAME CHANGE: 20110603
FORMER COMPANY:
FORMER CONFORMED NAME: Mobile Iron, Inc.
DATE OF NAME CHANGE: 20090811
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-12-01
1
0001470099
MOBILEIRON, INC.
MOBL
0001678256
Foster Brian
C/O MOBILEIRON, INC.
490 E. MIDDLEFIELD ROAD
MOUNTAIN VIEW
CA
94043
0
1
0
0
Senior VP, Product Management
Common Stock
2020-12-01
4
A
0
125000
0.00
A
465536
D
Common Stock
2020-12-01
4
D
0
465536
7.05
D
0
D
Stock Option (Right to Buy)
4.52
2020-12-01
4
D
0
125000
2.53
D
2029-01-01
Common Stock
125000
0
D
Represents shares of the Issuer's common stock awarded to the Reporting Person upon the vesting of 125,000 performance stock units in connection with the closing of the transactions contemplated by the Merger Agreement (as defined below).
The Reporting Person disposed of each share of common stock at the effective time of the merger (the "Merger") contemplated by the merger agreement, dated as of September 26, 2020, by and between the Issuer, Ivanti, Inc. and Oahu Merger Sub, Inc. (the "Merger Agreement") in exchange for a cash payment of $7.05 per share.
Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive the Issuer's common stock. Pursuant to the Merger Agreement, the RSUs were subject to acceleration of vesting, cancelled and converted automatically into the right to receive a cash payment of $7.05 per share, subject to any required withholding of taxes.
This option vested at the rate of 25% of the total number of shares underlying the option ("Option Shares") on the one-year anniversary of January 2, 2020, and then at the rate of 1/48 of the total number of Option Shares on each monthly anniversary thereafter. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $316,250, representing the difference between the per share exercise price of the option and the merger consideration of $7.05 per share.
/s/ David Manshardt, as attorney in fact
2020-12-03