Item 1.01. Entry into a Material Definitive Agreement.
On
Item 1.02. Termination of a Material Definitive Agreement.
The information provided in the Introductory Note of this Current Report on Form 8-K (this "Current Report") is incorporated herein by reference.
Concurrently with the closing of the Merger, the Company repaid all loans and
terminated all revolving credit commitments outstanding under the Amended and
Restated Credit Agreement, dated as of
Item 2.01. Completion of Acquisition or Disposition of Assets.
Completion of the Merger
The information set forth in the Introductory Note and in Items 3.03, 5.01, 5.02, 5.03 and 8.01 of this Current Report is incorporated herein by reference.
On
At the effective time of the Merger (the "Effective Time"), each share of common
stock, par value
At the Effective Time, each option to purchase shares of Common Stock vested and was converted into the right to receive an amount in cash equal to the product of the Merger Consideration (less the applicable exercise price) and the number of shares of Common Stock covered by such option (less applicable withholding taxes). At the Effective Time, each award of restricted Common Stock granted prior to the date of the Merger Agreement (subject to certain exceptions) was exchanged for an amount in cash, less applicable withholding taxes, equal to the product obtained by multiplying (A) the Merger Consideration by (B) the number of shares of Common Stock covered by such award immediately prior to the Effective Time (which was the maximum number of shares covered by the award in the case of any such award subject to performance based vesting conditions).
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The description of the Merger and the Merger Agreement contained in this Item
2.01 does not purport to be complete and is subject to and qualified in its
entirety by reference to the Merger Agreement, which was filed as Exhibit 2.1 to
the Current Report on Form 8-K filed by the Company with the
Expected Settlement of the Convertible Notes
Concurrently with the consummation of the Merger, the Company entered into
supplemental indentures with respect to each of (i) the Indenture, dated as of
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
The information set forth under Item 2.01 of this Current Report is incorporated by reference into this Item 3.01.
On
In addition, the Company intends to file a certification on Form 15 with the
Item 3.03. Material Modification to Rights of Security Holders.
The information set forth in the Introductory Note and under Items 2.01, 3.01 and 5.03 of this Current Report is incorporated by reference into this Item 3.03.
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Item 5.01. Change in Control of Registrant.
The information set forth in the Introductory Note and the information set forth under Items 2.01, 3.03 and 5.02 of this Current Report is incorporated by reference into this Item 5.01.
As a result of the completion of the Merger, a change in control of the Company
occurred, and the Company became a wholly owned subsidiary of Parent. Parent is
an affiliate of funds advised by
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The information set forth in the Introductory Note and Item 2.01 of this Current Report is incorporated by reference into this Item 5.02.
Directors
Effective upon completion of the Merger on
Officers
The officers of the Company immediately prior to the Effective Time continued as officers of the Company.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
The information set forth in the Introductory Note and Item 2.01 of this Current Report is incorporated by reference into this Item 5.03.
Pursuant to the Merger Agreement, at the Effective Time, the Amended and Restated Certificate of Incorporation of the Company, as in effect immediately prior to the Effective Time, was amended and restated in its entirety to be in the form of the Certificate of Incorporation of Merger Sub as in effect immediately prior to the Effective Time (the "Certificate of Incorporation"). In addition, at the Effective Time, the Amended and Restated Bylaws of the Company, as in effect immediately prior to the Effective Time, were amended and restated in their entirety to be in the form of the Bylaws of Merger Sub as in effect immediately prior to the Effective Time (the "Bylaws"). Copies of the Certificate of Incorporation and the Bylaws are filed as Exhibits 3.1 and 3.2 to this Current Report, respectively, and are incorporated herein by reference.
Item 8.01 Other Events
On
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits 2.1 Agreement and Plan of Merger, dated as ofDecember 20, 2020 , by and amongRealPage Holdings, LLC (formerly known asMirasol Parent, LLC ),Mirasol Merger Sub, Inc. andRealPage, Inc. (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K filed by the Company onDecember 21, 2020 ). 3.1 Amended and Restated Certificate of Incorporation ofRealPage, Inc. 3.2 Amended and Restated By-laws ofRealPage, Inc. 4.1 Indenture, dated as ofMay 23, 2017 , betweenRealPage, Inc. andWells Fargo Bank, National Association (incorporated by reference to Exhibit 4.4 to the Quarterly Report on Form 10-Q filed by the Company onAugust 4, 2017 ). 4.2 First Supplemental Indenture, dated as ofApril 22, 2021 , betweenRealPage, Inc. andWells Fargo Bank, National Association . 4.3 Indenture, dated as ofMay 22, 2020 , betweenRealPage, Inc. andU.S. Bank National Association (incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K filed by the Company onMay 22, 2020 ). 4.4 First Supplemental Indenture, dated as ofMay 22, 2020 , betweenRealPage, Inc. andU.S. Bank National Association (incorporated by reference to Exhibit 4.2 to the Current Report on Form 8-K filed by the Company onMay 22, 2020 ). 4.5 Second Supplemental Indenture, dated as ofApril 22, 2021 , betweenRealPage, Inc. andU.S. Bank National Association . 99.1 Press Release, datedApril 22, 2021 104 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document.
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