4//SEC Filing
Tulsi Japjit 4
Accession 0001104659-25-019792
CIK 0001819394other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 4:08 PM ET
Size
10.7 KB
Accession
0001104659-25-019792
Insider Transaction Report
Form 4
Tulsi Japjit
Chief Technology Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2025-02-28−1,106,710→ 0 total→ Class A Common Stock (1,106,710 underlying) - Disposition to Issuer
Class A Common Stock
2025-02-28−717,526→ 0 total - Disposition to Issuer
Stock Option
2025-02-28−2,883,496→ 0 total→ Class A Common Stock (2,883,496 underlying)
Footnotes (3)
- [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).
- [F3]In connection with the Closing, each option to purchase Class A Common Stock outstanding as of the effective time of the Closing and held by the Reporting Person was cancelled and converted into an option to purchase a number of shares of CoStar Group Common Stock based on the Equity Award Conversion Factor at an adjusted exercise price (as determined in accordance with the formula in the Merger Agreement).
Documents
Issuer
Matterport, Inc./DE
CIK 0001819394
Entity typeother
Related Parties
1- filerCIK 0001871495
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 4:08 PM ET
- Size
- 10.7 KB