Dennis Via - 18 Mar 2024 Form 4 Insider Report for SPLUNK INC

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 18 Mar 2024
Net transaction value: -$1,411,587
SEC form: 4
Accepted by SEC: 20 Mar 2024, 20:00:34 UTC
Prior SEC filing: 23 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Steve Dean, by power of attorney

Key filing fact

Dennis Via filed Form 4 for SPLUNK INC on 20 Mar 2024.

Key facts

This page summarizes Dennis Via's Form 4 filing for SPLUNK INC.
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 20 Mar 2024, 20:00.

Change

Previous filing in this sequence was filed on 23 Jun 2023.
Current net transaction value: -$1,411,587.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPLK transaction

Common Stock

Disposed to Issuer

Transaction value: $1,411,587
Shares: -8,991
Change %: -93%
Price: $157.00
Shares after: 695
Date: 18 Mar 2024
Ownership: Direct
Footnotes: F1

SPLK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -695
Change %: -100%
Price
Shares after: 0
Date: 18 Mar 2024
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Dennis Via 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 (the "Merger Agreement") dated September 20, 2023, by and among the Issuer, Cisco Systems, Inc., a Delaware corporation ("Parent"), and Spirit Merger Corp., a Delaware corporation and a direct wholly owned subsidiary of Parent ("Merger Sub"), on March 18, 2024 (the "Closing Date"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of Parent. In connection with the Merger, these shares were cancelled and converted into the right to receive $157.00 in cash per share without interest, subject to applicable withholding taxes, subject to the terms and conditions of the Merger Agreement (the "Merger Consideration").

Footnote F2

Pursuant to the Merger Agreement, each Vested Company RSU outstanding and that has not yet been settled as of immediately prior to the effective time of the Merger (the "Effective Time") was terminated and converted into the right to receive an amount in cash, without interest, subject to applicable withholding taxes, determined by multiplying (x) the number of shares of Issuer common stock issuable upon settlement of such Vested Company RSU by (y) the Merger Consideration.