Krikorian Jason 4
4 · Matterport, Inc./DE · Filed Mar 3, 2025
Insider Transaction Report
Form 4
Krikorian Jason
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2025-02-28−198,889→ 0 total - Disposition to Issuer
Restricted Stock Units
2025-02-28−39,325→ 0 total→ Class A Common Stock (39,325 underlying)
Footnotes (2)
- [F1]In connection with the consummation of the transactions contemplated by the merger agreement (the "Merger Agreement"), dated as of April 21, 2024, by and among the Issuer, CoStar Group, Inc. ("CoStar Group") and the other parties thereto, each share of the Issuer's Class A common stock held by the Reporting Person was converted into the right to receive an amount in cash equal to $2.75 per share plus 0.03552 shares of common stock of CoStar Group (the "Merger Consideration").
- [F2]Each restricted stock unit that became fully vested automatically as a result of the consummation of the transactions (the "Closing") contemplated by the Merger Agreement (the "Accelerated Matterport RSUs") was cancelled and converted into the right to receive the Merger Consideration, and all other restricted stock units outstanding as of the effective time of the Closing were converted into a corresponding award in respect of CoStar Group Common Stock based on the Equity Award Conversion Factor (as determined in accordance with the formula in the Merger Agreement).