Carberry Jeffrey 4
4 · STAMPS.COM INC · Filed Oct 7, 2021
Insider Transaction Report
Form 4
STAMPS.COM INCSTMP
Carberry Jeffrey
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-10-05$330.00/sh−4,965$1,638,450→ 0 total - Disposition to Issuer
Stock option (right to buy)
2021-10-05$294.96/sh−49,354$14,557,456→ 0 totalExercise: $35.04From: 2020-06-03Exp: 2029-06-03→ Common Stock (49,354 underlying)
Footnotes (2)
- [F1]The securities were disposed of in connection with the acquisition of the Issuer by an affiliate of Thoma Bravo LP (the "Merger").
- [F2]This option, which provided for vesting of approximately one-third of the shares on June 3, 2020, and, with respect to the remaining two-thirds of the shares, in 24 approximately equal monthly installments thereafter, was canceled in the Merger in exchange for a cash payment of $14,557,455.84, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).