4//SEC Filing
Gooden Nathan 4
Accession 0000950170-24-115386
CIK 0001496963other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 5:19 PM ET
Size
9.0 KB
Accession
0000950170-24-115386
Insider Transaction Report
Form 4
Gooden Nathan
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2024-10-17−404,557→ 0 totalExercise: $0.00→ Class A Common Stock (404,557 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2024-10-17−159,714→ 0 totalExercise: $0.00→ Class A Common Stock (159,714 underlying)
Footnotes (2)
- [F1]Pursuant to the Amended and Restated Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 9, 2024, by and among the Issuer, Spaceship Purchaser, Inc. ("Parent") and Spaceship Group MergerCo Inc., a wholly owned subsidiary of Parent, immediately prior to the effective time of the Merger (as defined in the Merger Agreement), each Issuer restricted stock unit ("RSU") award held by an employee of the Issuer then outstanding and not vested was cancelled and converted into the opportunity to be paid an amount in cash ("Parent RSU Cash Award") equal to the product of (i) $46.50 per share, without interest (the "Per Share Price") multiplied by (ii) the number of shares of Class A Common Stock of the Issuer subject to such RSU award. Each Parent RSU Cash Award remains subject to the same vesting terms and conditions that applied to the associated Issuer RSU award immediately prior to the effective time of the Merger.
- [F2]Pursuant to the Merger Agreement, immediately prior to the effective time of the Merger, each Issuer performance restricted stock unit ("PSU") award held by an employee of the Issuer then outstanding and not vested was cancelled and converted into the opportunity to be paid an amount in cash ("Parent PSU Cash Award") equal to the product of (i) the Per Share Price multiplied by (ii) the number of shares of Class A Common Stock subject to such PSU award (with the number of shares of Class A Common Stock subject to Issuer PSU awards determined in accordance with the applicable award agreement prior to the consummation of the Merger). Each Parent PSU Cash Award remains subject to the same vesting terms and conditions that applied to the associated Issuer PSU award immediately prior to the effective time of the Merger.
Documents
Issuer
Squarespace, Inc.
CIK 0001496963
Entity typeother
Related Parties
1- filerCIK 0001950202
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 5:19 PM ET
- Size
- 9.0 KB