Key facts
- This page summarizes John Robert McCormack's Form 4 filing for Ping Identity Holding Corp..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 20 Oct 2022, 17:36.
John Robert McCormack - 18 Oct 2022 Form 4 Insider Report for Ping Identity Holding Corp.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 18 Oct 2022
- Net transaction value
- -$1,685,290
- SEC form
- 4
- Accepted by SEC
- 20 Oct 2022, 17:36:24 UTC
- Prior SEC filing
- 01 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Shalini Sharma, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John Robert McCormack filed Form 4 for Ping Identity Holding Corp. on 20 Oct 2022.
Change
- Previous filing in this sequence was filed on 01 Jun 2022.
- Current net transaction value: -$1,685,290.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PING
transaction
Company Common Stock, $0.001 par value
Disposed to Issuer
- Transaction value
- $1,685,290
- Shares
- -59,133
- Change %
- -100%
- Price
- $28.50
- Shares after
- 0
- Date
- 18 Oct 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
John Robert McCormack is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated August 2, 2022 (the "Merger Agreement"), by and among Project Polaris Holdings, LP ("Parent"), Project Polaris Merger Sub, Inc. ("Merger Sub") and the Issuer, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of the Issuer's common stock ("Company Common Stock") issued and outstanding immediately prior to the Merger was automatically cancelled, extinguished and converted into the right to receive $28.50 per share in cash, without interest thereon (the "Per Share Price").
Footnote F2
The reported securities include vested restricted stock units ("Company RSUs") of the Issuer which pursuant to the Merger Agreement, were, at the Effective Time, canceled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the Per Share Price and (ii) the total number of shares of Company Common Stock subject to such Company RSUs as of immediately prior to the Effective Time.