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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ROBERTS MATTHEW

(Last) (First) (Middle)
C/O OPENTABLE, INC.
1 MONTGOMERY STREET, SUITE 700

(Street)
SAN FRANCISCO CA 94104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OPENTABLE INC [ OPEN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Stock Option $24.97 07/24/2014 D 66,000 07/17/2011 01/21/2020 Common Stock 66,000(2) $78.03 0 D
Stock Option $82.56 07/24/2014 D 3,748 07/01/2011 06/30/2021 Common Stock 3,748(2) $20.44 0 D
Stock Option $70.22 07/24/2014 D 4,459 08/01/2011 07/31/2021 Common Stock 4,459(2) $32.78 0 D
Stock Option $58.25 07/24/2014 D 5,436 09/01/2011 08/31/2021 Common Stock 5,436(2) $44.75 0 D
Stock Option $44.1 07/24/2014 D 7,180 10/03/2011 10/02/2021 Common Stock 7,180(2) $58.9 0 D
Stock Option $43.1 07/24/2014 D 7,341 11/01/2011 10/31/2021 Common Stock 7,341(2) $59.9 0 D
Stock Option $36.24 07/24/2014 D 8,644 12/01/2011 11/30/2021 Common Stock 8,644(2) $66.76 0 D
Stock Option $39.01 07/24/2014 D 162,075 01/01/2012 01/02/2022 Common Stock 162,075(2) $63.99 0 D
Stock Option $39.01 07/24/2014 D 137,672 07/01/2013 01/02/2022 Common Stock 137,672(2) $63.99 116,492 D
Stock Option $39.01 07/24/2014 D 116,492 07/01/2013 01/02/2022 Common Stock 116,492(1) $0 0(3) D
Explanation of Responses:
1. On July 24, 2014, The Priceline Group, Inc., a Delaware corporation, acquired the issuer pursuant to that certain merger agreement between issuer, The Priceline Group and Rhombus, a Delaware corporation and wholly owned subsidiary of The Priceline Group, dated as of June 12, 2014(the "Merger Agreement"). At the effective time of the Merger, each outstanding share of the issuer's common stock was converted into the right to receive $103.00 in cash (the "per-share merger consideration"). In addition, all outstanding vested options were canceled at the effective time of the Merger in exchange for a cash payment equal to the per-share merger consideration (less the exercise price in the case of options), payable without interest and less any required withholding taxes.
2. These Stock Options, were canceled at the effective time of the Merger in exchange for a cash payment equal to the per-share merger consideration, less the exercise price of the option.
3. In accordance with the terms of the Merger Agreement, this option was converted into an option to purchase 9,852 shares of The Priceline Group, Inc. common stock at a price of $461.24 per share.
/s/ Matthew J. Roberts 07/28/2014
** 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).
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