4//SEC Filing
Deutsch Meredith L 4
Accession 0001104659-23-116956
CIK 0001701114other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 11:19 AM ET
Size
13.2 KB
Accession
0001104659-23-116956
Insider Transaction Report
Form 4
Deutsch Meredith L
General Counsel and Corp.Sec'y
Transactions
- Award
Performance Stock Unit
2023-11-13−2,208→ 0 total→ Class A Common Stock (2,208 underlying) - Disposition to Issuer
Performance Stock Unit
2023-11-13−2,208→ 0 total→ Class A Common Stock (2,208 underlying) - Disposition to Issuer
Class A Common Stock
2023-11-13−4,245→ 0 total - Disposition to Issuer
Restricted Stock Unit
2023-11-13−6,677→ 0 total→ Class A Common Stock (6,677 underlying)
Footnotes (5)
- [F1]In connection with that certain Agreement and Plan of Merger by and among Blue Apron Holdings, Inc. (the "Company"), Wonder Group, Inc., and Basil Merger Corporation, dated as of September 28, 2023 (the "Merger Agreement") and the related tender offer, the Reporting Person became entitled to receive, in respect of each share of the Company's Class A Common Stock, an amount in cash equal to $13.00.
- [F2]Each restricted stock unit ("RSU") represented the right to receive one share of the Company's Class A Common Stock.
- [F3]Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time (as defined in the Merger Agreement), each RSU that was outstanding vested in full (to the extent unvested) and was cancelled and converted into the right to receive from the Surviving Corporation (as defined in the Merger Agreement) an amount of cash from the Surviving Corporation equal to the product of (1) the total number of shares of Class A Common Stock underlying each RSU multiplied by (2) $13.00 (without interest and subject to any applicable withholding tax).
- [F4]Each performance stock unit ("PSU") represented the right to receive one share of the Company's Class A Common Stock. The PSUs were eligible to vest based on the achievement of the Company's total shareholder return ("TSR") over the applicable performance period relative to the TSR of the group companies in the Russell 2000 Index.
- [F5]Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each PSU that was outstanding and which vested (to the extent unvested) as a result of any applicable performance-vesting condition becoming satisfied in connection with the Merger, was cancelled and converted into the right to receive from the Surviving Corporation an amount of cash from the Surviving Corporation equal to the product of (1) the total number of shares of Class A Common Stock underlying each PSU multiplied by (2) $13.00 (without interest and subject to any applicable withholding tax).
Documents
Issuer
Blue Apron Holdings, Inc.
CIK 0001701114
Entity typeother
Related Parties
1- filerCIK 0001607393
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 11:19 AM ET
- Size
- 13.2 KB