0000899243-16-027734.txt : 20160819
0000899243-16-027734.hdr.sgml : 20160819
20160819162410
ACCESSION NUMBER: 0000899243-16-027734
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160819
FILED AS OF DATE: 20160819
DATE AS OF CHANGE: 20160819
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: XURA, INC.
CENTRAL INDEX KEY: 0001549872
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 043398741
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 QUANNAPOWITT PARKWAY
CITY: WAKEFIELD
STATE: MA
ZIP: 01880
BUSINESS PHONE: 781-246-9000
MAIL ADDRESS:
STREET 1: 200 QUANNAPOWITT PARKWAY
CITY: WAKEFIELD
STATE: MA
ZIP: 01880
FORMER COMPANY:
FORMER CONFORMED NAME: Comverse, Inc.
DATE OF NAME CHANGE: 20120511
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Grossi Michael J.
CENTRAL INDEX KEY: 0001646301
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35572
FILM NUMBER: 161843422
MAIL ADDRESS:
STREET 1: 200 QUANNAPOWITT PARKWAY
CITY: WAKEFIELD
STATE: MA
ZIP: 01880
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2016-08-19
1
0001549872
XURA, INC.
MESG
0001646301
Grossi Michael J.
C/O XURA, INC.
200 QUANNAPOWITT PARKWAY
WAKEFIELD
MA
01880
0
1
0
0
EVP, Chief Revenue Officer
Common Stock
2016-08-19
4
D
0
25365
25.00
D
0
D
Stock option (right to buy)
23.08
2016-08-19
4
D
0
24890
1.92
D
2024-09-22
Common stock
24890
0
D
Stock option (right to buy)
20.68
2016-08-19
4
D
0
53402
4.32
D
2025-06-26
Common stock
53402
0
D
Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 23, 2016, by and among Sierra Private Holdings II, LLC, a UK company ("Parent"), Sierra Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and Xura, Inc. (the "Company"), on August 19, 2016 (the "Effective Date"), Merger Sub merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent.
Pursuant to the terms of the Merger Agreement, on the Effective Date, each outstanding share of the Company's common stock was converted into the right to receive a cash payment of $25.00 (the "Merger Consideration").
Pursuant to the terms of the Merger Agreement, on the Effective Date, this option was canceled in exchange for the right to receive a cash payment equal to the product of the Merger Consideration less the applicable exercise price per share and the number of shares of common stock subject to such cancelled option.
/s/ Roy Luria as Attorney in Fact for Michael J. Grossi
2016-08-19