November 18, 2025 · Form 4 insider transaction
Sekharan Ansa sold 355,111 shares of Informatica Inc., a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Pursuant to that certain Agreement and Plan of Merger, dated as of May 26, 2025 (the "Merger Agreement"), by and among the Issuer, Salesforce, Inc., a Delaware corporation ("Salesforce"), and Phoenix I Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Salesforce ("Merger Sub"), on November 18, 2025 (the "Effective Time"), the Issuer merged with and into Merger Sub (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Salesforce. At the Effective Time, each share of the Issuer's Class A Common Stock held by the Reporting Person was converted into the right to receive $25.00 in cash, without interest (the "Merger Consideration").; Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding restricted stock unit ("RSU") held by the Reporting Person was assumed and converted into a restricted stock unit award with respect to a number of shares of Salesforce common stock (rounded to the nearest whole share) determined by multiplying the number of shares of Class A Common Stock subject to the RSU by the conversion ratio determined in accordance with the Merger Agreement (the "conversion ratio").