4//SEC Filing
Johnson Steven Jay 4
Accession 0001140361-23-035893
CIK 0001824734other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 5:27 PM ET
Size
5.9 KB
Accession
0001140361-23-035893
Insider Transaction Report
Form 4
Johnson Steven Jay
See Remarks
Transactions
- Disposition to Issuer
Class A Common Stock
2023-07-20−5,979,613→ 0 total
Footnotes (2)
- [F1]Includes 2,772,194 shares of unvested restricted stock, which consisted of 437,718 shares of restricted stock subject to time-based vesting and 2,334,476 shares of restricted stock subject to performance-based vesting. Each restricted share of Issuer common stock that was unvested immediately prior to the effective time of the Merger (as defined below) was cancelled and converted into the right to receive cash in the amount of $1.40, without interest and less any applicable withholding taxes, subject to certain terms and conditions in the Merger Agreement (as defined below).
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of March 24, 2023 (the "Merger Agreement"), by and among the Issuer, SoftBank Group Corp., a Japanese kabushiki kaisha ("SoftBank"), and Backgammon Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of SoftBank ("Merger Sub"), on July 20, 2023, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of SoftBank (the "Merger"). At the effective time of the Merger (the "Effective Time"), each outstanding share of Issuer common stock was automatically converted into the right to receive cash in the amount of $1.40, without interest and less any applicable withholding taxes.
Documents
Issuer
Berkshire Grey, Inc.
CIK 0001824734
Entity typeother
Related Parties
1- filerCIK 0001873104
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 5:27 PM ET
- Size
- 5.9 KB