Baldwin Amanda 4

What Happened

• Amanda Baldwin, CEO of Olaplex Holdings, disposed of 9,129,515 common shares to the issuer at $2.06 per share, receiving $18,806,801 in cash as part of the March 26, 2026 merger that closed effective July 7, 2026. The reported share amount includes 7,910,624 shares that were underlying restricted stock units (RSUs) and were converted into cash under the merger terms.
• Separately, 4,237,288 outstanding stock options held by Baldwin were cancelled for no consideration because their $2.53 per‑share exercise price exceeded the $2.06 merger consideration.

Key Details

• Transaction date: 2026-07-07 (Effective Time of the merger); Form filed 2026-07-07 (timely).
• Share disposal: 9,129,515 shares at $2.06 → $18,806,801 total cash consideration.
• RSUs: 7,910,624 underlying RSUs were converted to cash as part of the same merger payout.
• Options: 4,237,288 options cancelled for no value (exercise price $2.53 > $2.06).
• Transaction code: D (Disposition to issuer); one line also reports a derivative-related cancellation.
• Shares owned after transaction: equity positions tied to the converted shares were cashed out and the listed options were cancelled (i.e., no converted common shares remain from those awards).

Context

• These were not open‑market sales but corporate action proceeds from a takeover: each outstanding common share was converted into $2.06 cash under the Merger Agreement. RSUs were similarly cashed out; out‑of‑the‑money options were cancelled with no payout.
• This filing reflects the merger payout mechanics rather than an insider buying or trading on an ongoing basis.