Home/Filings/4/0001104659-21-099230
4//SEC Filing

Anand Sumit 4

Accession 0001104659-21-099230

CIK 0001646228other

Filed

Aug 2, 8:00 PM ET

Accepted

Aug 3, 10:17 AM ET

Size

17.8 KB

Accession

0001104659-21-099230

Insider Transaction Report

Form 4
Period: 2021-07-23
Anand Sumit
Chief Technology Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2021-07-23$37.00/sh1,589$58,7930 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$29.42/sh62,500$1,838,7500 total
    Exercise: $7.58Exp: 2027-06-22Common Stock (62,500 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$19.17/sh30,953$593,3690 total
    Exercise: $17.83Exp: 2026-03-28Common Stock (30,953 underlying)
  • Disposition to Issuer

    Common Stock

    2021-07-233,2471,589 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$28.05/sh13,000$364,6500 total
    Exercise: $8.95Exp: 2026-09-12Common Stock (13,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$9.72/sh11,110$107,9890 total
    Exercise: $27.28Exp: 2028-03-30Common Stock (11,110 underlying)
Footnotes (9)
  • [F1]Pursuant to a rollover agreement entered into between the reporting person and Ambience Parent, Inc. ("Parent") in connection with the effectuation of the transactions contemplated by the amended and restated merger agreement between the issuer, Parent, and Ambience Merger Sub, Inc. (the "Merger Agreement"), the reporting person exchanged these shares for shares of Parent having an equivalent value as of the effective date of the merger, based on a market value of the issuer shares on the effective date of $37 per share.
  • [F2]This amount consists of shares deliverable upon vesting and settlement of restricted stock units.
  • [F3]These restricted stock units were cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to the market value of the underlying issuer common stock on the effective date of the merger ($37 per share).
  • [F4]This option was vested with respect to 20,636 shares and provided for vesting of the remainder of the option on March 28, 2022.
  • [F5]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option.
  • [F6]This option provided for vesting on January 29, 2022.
  • [F7]This option was vested with respect to 20,834 shares and provided for vesting of the remainder of the option in substantially equal annual installments on each of June 22, 2022 and June 22, 2023.
  • [F8]The portion of this option that was vested or scheduled to vest on or before July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option. The portion of this option scheduled to vest after July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a deferred cash payment (or, at the election of the reporting person, a grant of Parent restricted stock or restricted stock units having a grant date value) equal to the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the exercise price of the option, subject to vesting on the same schedule as the cancelled option.
  • [F9]This option provided for vesting in three substantially equal annual installments beginning on March 30, 2022.

Issuer

At Home Group Inc.

CIK 0001646228

Entity typeother

Related Parties

1
  • filerCIK 0001744035

Filing Metadata

Form type
4
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 10:17 AM ET
Size
17.8 KB