4//SEC Filing
O'Brien Kevin William 4
Accession 0000950170-24-008421
CIK 0001863105other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 5:33 PM ET
Size
8.4 KB
Accession
0000950170-24-008421
Insider Transaction Report
Form 4
O'Brien Kevin William
See Remarks
Transactions
- Disposition to Issuer
Restricted Stock Units
2024-01-26−120,467→ 0 total→ Common Stock (120,467 underlying) - Disposition to Issuer
Common Stock
2024-01-26$23.00/sh−22,094$508,162→ 0 total
Footnotes (3)
- [F1]This Form 4 reports securities disposed of under the Agreement and Plan of Merger (the "Merger Agreement"), dated October 23, 2023, among EngageSmart, Inc. (the "Company"), Icefall Parent, Inc. ("Parent"), and Icefall Merger Sub, LLC ("Merger Sub"), under which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of common stock of the Company ("Shares") was cancelled and converted into the right to receive $23.00 in cash (the "Per Share Price") without interest thereon.
- [F2]Each Company restricted stock unit ("Company RSUs") represented a contingent right to receive one Share upon vesting of the Company RSU.
- [F3]Under the Merger Agreement, at the Effective Time, each Company RSU reported in this Form 4 was cancelled and converted into the contingent right to receive from Parent or the Company a converted cash award (a "Converted Cash Award") with respect to an aggregate amount in cash equal in value to (A) the total number of Shares subject to such Company RSU immediately prior to the Effective Time multiplied by (B) the Per Share Price, which Converted Cash Award will remain subject to the same vesting terms and conditions of the corresponding Company RSU.
Documents
Issuer
EngageSmart, Inc.
CIK 0001863105
Entity typeother
Related Parties
1- filerCIK 0001906605
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 5:33 PM ET
- Size
- 8.4 KB