Paul F. Folino - Jun 4, 2021 Form 4 Insider Report for CORELOGIC, INC. (CLGX)

Role
Director
Signature
/s/ Jan S. Morris, attorney-in-fact
Stock symbol
CLGX
Transactions as of
Jun 4, 2021
Transactions value $
-$972,210
Form type
4
Date filed
6/8/2021, 07:35 PM
Previous filing
May 24, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLGX Common Stock Disposed to Issuer -$972K -12.2K -100% $80.00 0 Jun 4, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Paul F. Folino is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 2,008 restricted stock units of CoreLogic, Inc. ("CoreLogic") subject to time-based vesting ("RSUs"). Each RSU is settled by the delivery of the underlying shares of CoreLogic common stock.
F2 On June 4, 2021, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated February 4, 2021, by and among CoreLogic, Celestial-Saturn Parent Inc., a Delaware corporation ("Parent"), and Celestial-Saturn Acquisition Sub Inc., a Delaware corporation ("Acquisition Sub"), Acquisition Sub merged with and into CoreLogic, with CoreLogic surviving as a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement and by virtue of the Merger, in which each issued and outstanding share of CoreLogic common stock, par value $0.00001 per share, was converted into the right to receive $80 in cash, without interest (the "Merger Consideration"), each RSU held by a non-employee director that was outstanding immediately prior to the effective time of the Merger automatically vested (if unvested) and was cancelled and converted into the right to receive an amount in cash, without interest,
F3 (Continued from footnote 2) equal to the product of (A) the total number of shares of CoreLogic common stock underlying such RSU (including any shares of CoreLogic common stock in respect of dividend equivalent units credited thereon) multiplied by (B) the Merger Consideration.