LAUDER JANE 4
4 · Eventbrite, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Eventbrite (EB) Director Jane Lauder Sells Shares
What Happened
- Jane Lauder, a director of Eventbrite, reported dispositions tied to the company’s March 10, 2026 merger. A total of 271,653 shares and share equivalents were converted/paid out as part of the merger, yielding roughly $1,222,439 in cash at the $4.50 per-share merger consideration. Several line items in the filing are labeled as derivative instruments (restricted stock units and/or cancelled options) that were converted to cash under the merger terms.
Key Details
- Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (filed within the typical two-business-day window).
- Consideration: Merger consideration was $4.50 per share (footnote F1). Total cash from share conversions ≈ $1.22M.
- Derivative treatment: Time-based restricted stock units (RSUs) were cancelled and converted into cash equal to the number of shares underlying each RSU times $4.50 (footnote F2). Options with exercise prices above the merger consideration were cancelled and converted to a cash amount (a Black‑Scholes cashout of $18,886.44 noted in footnote F3).
- Price fields in the transaction lines are shown as N/A because the dispositions were conversions in connection with the merger rather than open-market trades.
- Shares owned after the transaction are not specified in the provided filing text.
Context
- These were not open‑market sales but cash-out conversions required or effected by the merger (dispositions “to the issuer” at the effective time). For RSUs and cancelled options, the filing shows cash settlement rather than exercise-and-sell behavior. This is a routine corporate‑transaction outcome rather than an individual discretionary sale.
Insider Transaction Report
Form 4Exit
LAUDER JANE
Director
Transactions
- Disposition to Issuer
Class A Common Stock
[F1]2026-03-10−53,610→ 173,577 total - Disposition to Issuer
Class A Common Stock
[F2]2026-03-10−173,577→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-03-10−20,302→ 0 totalExercise: $8.64Exp: 2030-05-20→ Class A Common Stock (20,302 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-03-10−6,852→ 0 totalExercise: $12.10Exp: 2032-06-08→ Class A Common Stock (6,852 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-03-10−10,724→ 0 totalExercise: $16.76Exp: 2029-06-06→ Class A Common Stock (10,724 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-03-10−3,671→ 0 totalExercise: $21.32Exp: 2031-06-08→ Class A Common Stock (3,671 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
[F3]2026-03-10−2,917→ 0 totalExercise: $33.86Exp: 2028-11-07→ Class A Common Stock (2,917 underlying)
Footnotes (3)
- [F1]On March 10, 2026, pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 1, 2025, by and among Eventbrite, Inc., a Delaware corporation (the "Issuer"), Bending Spoons US Inc., a Delaware corporation ("Parent") and a wholly owned subsidiary of Bending Spoons S.p.A., and Everest Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving the Merger as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), subject to the terms and conditions of the Merger Agreement, each share of Class A common stock and Class B common stock issued and outstanding immediately prior to the Effective Time (subject to certain exceptions) was converted into the right to receive $4.50 in cash, without interest and subject to applicable withholding taxes (the "Merger Consideration").
- [F2]At the Effective Time, each time-based Issuer restricted stock unit (including deferred restricted stock units, each an "Issuer RSU") that was outstanding immediately prior to the Effective Time (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to (x) the total number of shares underlying such Issuer RSU, multiplied by (y) the Merger Consideration.
- [F3]At the Effective Time, any option to purchase shares of Class A Common Stock that was outstanding and unexercised immediately prior to the Effective Time for which the exercise price exceeded the Merger Consideration (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to $18,886.44, which was determined based on a Black-Scholes model.
Signature
By: Kristin Johnston, Attorney-in-fact For: the Reporting Person|2026-03-12