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As Of Filer Filing For·On·As Docs:Size Issuer Agent 1/31/08 Audible Inc SC 14D9 1:20K Audible Inc Summit Fin’l Printing |
Document/Exhibit Description Pages Size 1: SC 14D9 Audible Sc 14D-9 1-31-2008 HTML 15K
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Check
the box if the filing
relates solely to preliminary communications made before the commencement
of a tender offer.
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The
tender offer documents will be filed by Amazon.com with the SEC
next week
and will also be sent to Audible stockholders. The process to closing
is
anticipated to take a month or two, but could take longer. You’ll also see
the information statement that we will file supporting the tender
offer.
If you are an Audible Stockholder, you will need to read these
documents
carefully.
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This
transaction will be a “change of control”, which means that half of your
unvested RSU’s will vest, and at the close of the transaction, you will
receive a payment equal to their value calculated at $11.50 per
share. The unvested portion of your RSU’s will convert into
RSU’s for Amazon stock, based upon the average price of Amazon stock
for
the five trading days prior to the closing of our deal.
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Half
of your unvested options will also vest on the change of control,
and your
unexercised options will be converted into options to purchase
Amazon
stock, based upon the same fivetrading day average price.
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Your
current vesting schedule (and other terms and conditions) will
be
maintained on RSUs and Options.
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