4//SEC Filing
KOONCE JEANNETTE 4
Accession 0000899243-23-016041
CIK 0001827075other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 6:28 PM ET
Size
6.6 KB
Accession
0000899243-23-016041
Insider Transaction Report
Form 4
KOONCE JEANNETTE
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2023-06-15$8.50/sh−119,830$1,018,555→ 0 total
Footnotes (2)
- [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of March 14, 2023 (the "Merger Agreement"), by and among the Issuer, Capstone Borrower, Inc. ("Parent"), and Capstone Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of the Issuer's common stock that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $8.50 per share in cash, without interest (the "Merger Consideration").
- [F2]The shares of the Issuer's common stock reported as disposed by the Reporting Person include restricted stock units ("RSUs") of the Issuer which, pursuant to the Merger Agreement, were automatically cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (a) the Merger Consideration and (b) the total number of shares of the Issuer's common stock subject to such RSUs as of immediately prior to the Effective Time (the "Cash Replacement RSU Amounts"). The Cash Replacement RSU Amounts will, subject to the Reporting Person's continued service through the applicable vesting dates, vest and be payable at the same time as the RSU awards for which the Cash Replacement RSU Amounts were exchanged would have vested pursuant to their terms.
Documents
Issuer
CVENT HOLDING CORP.
CIK 0001827075
Entity typeother
Related Parties
1- filerCIK 0001925240
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 6:28 PM ET
- Size
- 6.6 KB