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The RSU will fully vest on the one-year anniversary of the date of grant, subject to the director's continuous service as a member of the Board immediately prior to such date. 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Pursuant to the terms of the Merger Agreement, each share of Issuer common stock was exchanged for 0.455 shares of HoldCo common stock, in addition to cash in lieu of any fractional shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Shares of common stock of the Issuer were converted into shares of Xperi Holding Corporation, a Delaware corporation (\"HoldCo\") pursuant to that certain Agreement and Plan of Merger and Reorganization, dated as of December 18, 2019, as amended on January 31, 2020 (the \"Merger Agreement\"), by and among the Issuer, Xperi Corporation, a Delaware corporation, HoldCo, XRAY Merger Sub Corporation, a Delaware corporation, and TWOLF Merger Sub Corporation, a Delaware corporation. 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