4//SEC Filing
Jones James Nathan 4
Accession 0001082923-21-000169
CIK 0001082923other
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 2:11 PM ET
Size
9.8 KB
Accession
0001082923-21-000169
Insider Transaction Report
Form 4
STAMPS.COM INCSTMP
Jones James Nathan
CEO of subsidiary ShipStation
Transactions
- Disposition to Issuer
Common Stock
2021-10-05$330.00/sh−637$210,210→ 0 total - Disposition to Issuer
Stock option (right to buy)
2021-10-05$294.96/sh−18,863$5,563,830→ 0 totalExercise: $35.04From: 2020-06-03Exp: 2029-06-03→ Common Stock (18,863 underlying) - Disposition to Issuer
Stock option (right to buy)
2021-10-05$137.75/sh−6,251$861,075→ 0 totalExercise: $192.25From: 2018-04-01Exp: 2028-03-01→ Common Stock (6,251 underlying)
Footnotes (3)
- [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 in 48 approximately equal monthly installments commencing April 1, 2018, was canceled in the Merger in exchange for a cash payment of $861,075.25, 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).
- [F3]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 $5,563,830.48, 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).
Documents
Issuer
STAMPS.COM INC
CIK 0001082923
Entity typeother
Related Parties
1- filerCIK 0001748841
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 2:11 PM ET
- Size
- 9.8 KB