Ervin Clark 4
4 · Care.com Inc · Filed Feb 12, 2020
Insider Transaction Report
Form 4
Care.com IncCRCM
Ervin Clark
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-02-11−6,423→ 0 total→ Common Stock (6,423 underlying)
Footnotes (1)
- [F1]Reflects disposition in connection with that certain Agreement and Plan of Merger, dated December 20, 2019, by and among IAC/InterActiveCorp, Buzz Merger Sub Inc. ("Merger Sub") and the Issuer, pursuant to which Merger Sub merged with and into the Issuer on February 11, 2020 (the "Merger"). At the effective time of the Merger, each Issuer restricted stock unit held by the Reporting Person became fully vested and was cancelled and converted into the right to receive an amount in cash, less applicable withholding taxes, equal to (x) the total number of shares of Issuer common stock underlying such restricted stock units multiplied by (y) $15.00. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units do not have an expiration date.