Allan Leinwand - Jun 22, 2022 Form 4 Insider Report for Anaplan, Inc. (PLAN)

Role
Director
Signature
/s/ Gary Spiegel, Attorney-in-Fact
Stock symbol
PLAN
Transactions as of
Jun 22, 2022
Transactions value $
-$3,362
Form type
4
Date filed
6/27/2022, 09:04 PM
Previous filing
Jun 17, 2022
Next filing
Jun 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAN Common Stock Disposed to Issuer -9.09K -100% 0 Jun 22, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLAN Stock Option (right to buy) Disposed to Issuer -$3.36K -594 -100% $5.66* 0 Jun 22, 2022 Common Stock 594 $58.09 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Allan Leinwand is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The shares were disposed of pursuant to the Agreement and Plan of Merger, dated as of March 20, 2022, as amended by that certain Amendment to the Agreement and Plan of Merger, dated as of June 6, 2022 (the "Merger Agreement") by and among the Issuer, Anaplan Holdings, LLC (f/k/a Alpine Parent, LLC), a Delaware limited liability company, and Alpine Merger Sub, Inc., a Delaware corporation, whereby, immediately prior to the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were converted into the right to receive $63.75 per share in cash and, when so converted, automatically cancelled.
F2 The Stock Option, which provided for service-based vesting in full on the earlier of: (i) the date of the regular annual meeting of the Company's stockholders held in the year following the Date of Grant and (ii) the one-year anniversary of the Date of Grant, was cancelled pursuant to the Merger Agreement in exchange for a cash payment representing the difference between the per share exercise price of the option and the $63.75 per share merger consideration, less all applicable deductions and withholdings required to be withheld in respect of such payment.