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DRIV Global X Autonomous and Electric Vehicles

22.98
-0.08 (-0.35%)
After Hours
Last Updated: 21:52:40
Delayed by 15 minutes
Name Symbol Market Type
Global X Autonomous and Electric Vehicles NASDAQ:DRIV NASDAQ Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.08 -0.35% 22.98 22.13 23.05 23.37 22.955 23.29 107,673 21:52:40

Statement of Changes in Beneficial Ownership (4)

17/02/2015 3:37pm

Edgar (US Regulatory)


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MADISON THOMAS F
2. Issuer Name and Ticker or Trading Symbol

DIGITAL RIVER INC /DE [ DRIV ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

C/O DIGITAL RIVER INC., 10380 BREN ROAD WEST
3. Date of Earliest Transaction (MM/DD/YYYY)

2/12/2015
(Street)

MINNETONKA, MN 55343-9072
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/12/2015     U    75974   D $26.00   (1) 0   D  
 
Common Stock   2/12/2015     U    2892   D $26.00   (1) 0   I   by Thomas F. Madison Profit Sharing Plan  
Common Stock   2/12/2015     U    1005   D $26.00   (1) 0   I   by A. Gatzlaff Trust   (2)
Common Stock   2/12/2015     U    1000   D $26.00   (1) 0   I   by C. Madison Trust   (2)
Common Stock   2/12/2015     U    1005   D $26.00   (1) 0   I   by E. Madison Trust   (2)
Common Stock   2/12/2015     U    1700   D $26.00   (1) 0   I   by J. Gatzlaff Trust   (2)
Common Stock   2/12/2015     U    1000   D $26.00   (1) 0   I   by L. Madison Trust   (2)
Common Stock   2/12/2015     U    1505   D $26.00   (1) 0   I   by M. Madison Trust   (2)
Common Stock   2/12/2015     U    1005   D $26.00   (1) 0   I   by S. Madison Trust   (2)
Common Stock   2/12/2015     U    1005   D $26.00   (1) 0   I   by T. Madison Trust   (2)
Common Stock   2/12/2015     U    1005   D $26.00   (1) 0   I   by J. Madison Trust   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  Pursuant to the Agreement and Plan of Merger, dated October 23, 2014, by any among Danube Private Holdings II, LLC, Danube Private Acquisition Corp. and Digital River, Inc. ("DRIV") (the "Merger Agreement"), immediately prior to the effective time of the merger, each share of common stock of DRIV issued and outstanding and each share of outstanding unvested restricted stock was cancelled and was converted into the right to receive the per share merger consideration ($26.00 per share). Each performance share award that is outstanding and vested immediately prior to the effective time of the merger was cancelled and was converted into the right to receive the per share merger consideration.
( 2)  These securities are held in a trust for the benefit of the reporting person's grandchildren. The reporting person disclaims beneficial ownership of these securities, and the filing of this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MADISON THOMAS F
C/O DIGITAL RIVER INC.
10380 BREN ROAD WEST
MINNETONKA, MN 55343-9072
X



Signatures
/s/ Kevin L. Crudden as Attorney-in-Fact for Thomas F. Madison pursuant to Power of Attorney previously filed. 2/17/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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