4//SEC Filing
Blanchard Xavier 4
Accession 0000950170-23-049422
CIK 0001868640other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 4:01 PM ET
Size
6.2 KB
Accession
0000950170-23-049422
Insider Transaction Report
Form 4
Roadzen Inc.RDZN
Blanchard Xavier
See Remarks
Transactions
- Other
Ordinary Share
2023-09-20+100,004→ 100,004 total
Footnotes (2)
- [F1]On September 20, 2023, the Issuer, formerly known as Vahanna Tech Edge Acquisition I Corp., acquired Roadzen, Inc. ("Roadzen") pursuant to an Agreement and Plan of Merger, as amended, by and among the Issuer, Roadzen and certain other parties thereto (the "Merger Agreement"). Pursuant to the Merger Agreement, (i) each outstanding share of Roadzen common stock, including common stock issued upon conversion of each outstanding share of Roadzen preferred stock, held by the Reporting Person was cancelled and converted into the right to receive 27.21 ordinary shares of the Issuer ("Issuer ordinary shares") and (ii) each restricted stock unit of Roadzen was assumed and converted into the right to receive 27.21 restricted stock units of the Issuer (each, an "Issuer RSU").
- [F2]Each Issuer RSU represents the contingent right to receive one Issuer ordinary share. The securities reported herein represent Issuer ordinary shares underlying the Issuer RSUs issued under the Roadzen Inc. 2023 Omnibus Incentive Plan, as amended and/or restated from time to time (the "Plan"). The Issuer RSUs were issued to the Reporting Person pursuant to the Merger Agreement, which generally provided that, in connection with the closing of the merger, each unvested restricted stock unit in Roadzen would be assumed by the Issuer under the Plan as a "substitute award" and converted into the right to receive 27.21 Issuer RSUs. Each Issuer RSU fully vests on September 18, 2024, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
Documents
Issuer
Roadzen Inc.
CIK 0001868640
Entity typeother
Related Parties
1- filerCIK 0001979564
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 4:01 PM ET
- Size
- 6.2 KB