LEVY ANTON J 4
4 · Squarespace, Inc. · Filed Oct 17, 2024
Insider Transaction Report
Form 4
LEVY ANTON J
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2024-10-17−6,197→ 0 totalExercise: $0.00→ Class A Common Stock (6,197 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 a non-employee of the Issuer then outstanding and not vested was cancelled and converted into the right to receive a lump sum cash payment equal to the product of (i) $46.50 per share, without interest, multiplied by (ii) the number of shares of Class A Common Stock of the Issuer subject to such RSU award, prorated based on the number of days between the grant date and the closing of the Merger. The securities that were disposed of were held by the reporting person solely for the benefit of General Atlantic Service Company, L.P.
- [F2](Cont'd from Footnote 1) The reporting person disclaims beneficial ownership of the RSUs and the underlying Class A Common Stock.