4//SEC Filing
Bugden James E. 4
Accession 0001078099-20-000082
CIK 0001078099other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 3:17 PM ET
Size
12.4 KB
Accession
0001078099-20-000082
Insider Transaction Report
Form 4
Meet Group, Inc.MEET
Bugden James E.
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2020-09-04$6.30/sh−221,653$1,396,414→ 0 total - Disposition to Issuer
Performance Rights
2020-09-04$6.30/sh−65,520$412,776→ 0 total→ Common Stock (65,520 underlying) - Disposition to Issuer
Performance Rights
2020-09-04$6.30/sh−164,050$1,033,515→ 0 total→ Common Stock (164,050 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2020-09-04$6.30/sh−250,000$1,575,000→ 0 totalExercise: $4.84Exp: 2027-02-01→ Common Stock (250,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of March 5, 2020, by and among The Meet Group, Inc., eHarmony Holding, Inc., Holly Merger Sub, Inc. ("Merger Sub"), and, solely for purposes of Section 10.17 thereof, NCG NUCOM GROUP SE (the "Merger Agreement"), pursuant to which Merger Sub merged with and into The Meet Group, Inc., effective as of September 4, 2020 (the "Effective Time").
- [F2]Pursuant to the Merger Agreement, each restricted stock unit outstanding immediately prior to the Effective Time vested in full and converted into the right to receive an amount in cash equal to $6.30.
- [F3]Pursuant to the Merger Agreement, each performance stock unit outstanding immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal to the product of (i) $6.30, multiplied by (ii) the total number of shares of common stock subject thereto. The number of underlying shares was determined based on the actual attainment of performance goals through the date immediately preceding the Effective Time.
- [F4]Pursuant to the Merger Agreement each Company Stock Option that was outstanding immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the excess, if any, of $6.30 over the applicable option exercise price per share as of the Effective Time, multiplied by (ii) the number of shares of Common Stock issuable upon the exercise of such Company Stock Option.
Documents
Issuer
Meet Group, Inc.
CIK 0001078099
Entity typeother
Related Parties
1- filerCIK 0001534455
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 3:17 PM ET
- Size
- 12.4 KB