Home/Filings/4/0001104659-21-099235
4//SEC Filing

Bird Lewis L III 4

Accession 0001104659-21-099235

CIK 0001646228other

Filed

Aug 2, 8:00 PM ET

Accepted

Aug 3, 10:23 AM ET

Size

17.5 KB

Accession

0001104659-21-099235

Insider Transaction Report

Form 4
Period: 2021-07-23
Bird Lewis L III
DirectorCEO and President
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$22.00/sh991,480$21,812,5600 total
    Exercise: $15.00Exp: 2023-08-03Common Stock (991,480 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$29.42/sh890,000$26,183,8000 total
    Exercise: $7.58Exp: 2027-06-22Common Stock (890,000 underlying)
  • Disposition to Issuer

    Common Stock

    2021-07-2327,7300 total
  • Disposition to Issuer

    Common Stock

    2021-07-2364,0050 total(indirect: By Trust)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$27.25/sh1,482,225$40,385,2950 total
    Exercise: $9.75Exp: 2022-11-26Common Stock (1,482,225 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2021-07-23$9.72/sh138,875$1,349,8650 total
    Exercise: $27.28Exp: 2028-03-30Common Stock (138,875 underlying)
Footnotes (7)
  • [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]The reporting person beneficially owns these shares indirectly through the revocable Bird Family Trust (the "Trust"). The reporting person and his wife serve as the trustees and are the beneficiaries of the Trust.
  • [F3]This option was fully vested and exercisable as of the cancellation date.
  • [F4]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.
  • [F5]This option provided for vesting in three substantially equal annual installments beginning on June 22, 2021.
  • [F6]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.
  • [F7]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 0001368717

Filing Metadata

Form type
4
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 10:23 AM ET
Size
17.5 KB