Home/Filings/4/0000950170-24-058322
4//SEC Filing

Reardon Kevin T 4

Accession 0000950170-24-058322

CIK 0001823575other

Filed

May 12, 8:00 PM ET

Accepted

May 13, 10:53 AM ET

Size

10.7 KB

Accession

0000950170-24-058322

Insider Transaction Report

Form 4
Period: 2024-05-13
Reardon Kevin T
Chief Operating Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2024-05-13638,6320 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-05-131,173,7340 total
    Exercise: $1.23Exp: 2030-01-30Common Stock (1,173,734 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-05-13357,8450 total
    Exercise: $6.64Exp: 2031-11-01Common Stock (357,845 underlying)
Footnotes (5)
  • [F1]Securities are disposed of pursuant to the Agreement and Plan of Merger, dated as of February 6, 2024, by and among the Issuer, ZI Intermediate II, Inc. ("Parent"), and HI Optimus Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Merger Sub"). On May 13, 2024, Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent (the "Merger").
  • [F2]Consists of (i) 110,166 shares of common stock and (ii) 528,466 unvested restricted stock units ("RSUs").
  • [F3]At the effective time of the Merger, each then outstanding share of the Issuer's common stock was canceled and converted automatically into the right to receive an amount in cash equal to $1.14 per share without interest thereon and subject to any applicable withholding taxes.
  • [F4]At the effective time of the Merger, each then outstanding RSU held by the Reporting Person was canceled and converted automatically into the contingent right to receive an amount in cash equal to $1.14 per share without interest thereon and subject to any applicable withholding taxes. Such resulting amount will vest and become payable at the same time that the RSUs, from which such resulting amount was converted, would have vested pursuant to their terms and will otherwise remain subject to substantially the same terms and conditions as were applicable to such RSUs immediately prior to the effective time of the Merger.
  • [F5]At the effective time of the Merger, each option to purchase shares of common stock, then vested or unvested, with an exercise price equal to or greater than $1.14 was canceled for no consideration.

Documents

1 file

Issuer

ZeroFox Holdings, Inc.

CIK 0001823575

Entity typeother

Related Parties

1
  • filerCIK 0001939405

Filing Metadata

Form type
4
Filed
May 12, 8:00 PM ET
Accepted
May 13, 10:53 AM ET
Size
10.7 KB