4//SEC Filing
Kronfol Amr 4
Accession 0001209191-22-023674
CIK 0001791091other
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 4:24 PM ET
Size
8.6 KB
Accession
0001209191-22-023674
Insider Transaction Report
Form 4
Kronfol Amr
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2022-04-06$3.00/sh−101,325$303,975→ 0 total - Disposition to Issuer
Stock Options
2022-04-06−29,437→ 0 totalExercise: $2.48Exp: 2026-04-26→ Class A Common Stock (29,437 underlying)
Footnotes (2)
- [F1]On April 6, 2022, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 2, 2022, by and among SOC Telemed, Inc. (the "Issuer"), Spark Parent, Inc. ("Parent") and Spark Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub was merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a direct, wholly owned subsidiary of Parent, each share of the Issuer's Class A Common Stock (other than certain excluded shares) outstanding as of immediately prior to the effective time of the Merger (the "Effective Time") was canceled and automatically converted into the right to receive an amount in cash equal to $3.00 (the "Merger Consideration"), without any interest thereon and subject to any applicable withholding taxes.
- [F2]These stock options were fully vested as of the Effective Time. Pursuant to the Merger Agreement, each option that was vested in accordance with its terms and outstanding as of immediately prior to the Effective Time was, provided that such option had a per share exercise price less than the Merger Consideration, automatically and without any required action on the part of the holder thereof, canceled and converted into the right to receive an amount in cash, without interest, equal to (i) the total number of shares of Class A Common Stock underlying such option multiplied by (ii) the excess of (A) the Merger Consideration over (B) the per share exercise price for such option, subject to applicable withholding taxes.
Documents
Issuer
SOC Telemed, Inc.
CIK 0001791091
Entity typeother
Related Parties
1- filerCIK 0001731772
Filing Metadata
- Form type
- 4
- Filed
- Apr 6, 8:00 PM ET
- Accepted
- Apr 7, 4:24 PM ET
- Size
- 8.6 KB