MORIARTY SEAN P 4

What Happened
Sean P. Moriarty, a director of Eventbrite, reported multiple dispositions on March 10, 2026 related to the company’s merger. A total of 335,230 shares were converted/disposed in connection with the merger consideration of $4.50 per share, yielding roughly $1,508,535 in cash. Several items reported as "derivative" relate to restricted stock units and other equity awards that were cancelled and converted into cash under the merger terms.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (timely filing).
• Merger consideration: $4.50 per share in cash for outstanding Class A and Class B common stock.
• Total shares disposed: 335,230 shares → approx. $1,508,535 cash proceeds.
• Derivative items: time‑based RSUs (and certain options) were cancelled and converted to cash per the merger agreement (see footnotes).
• Footnote items: F1 corrects a prior over‑report of 15,791 shares; F3 explains RSUs were cashed out; F4 notes certain underwater options were converted to a $22,328.80 Black‑Scholes cash amount.
• Shares owned after transaction: not specified in this filing (the dispositions reflect conversion at the merger effective time).

Context
These dispositions are the result of a corporate merger (Eventbrite was acquired and became a wholly owned subsidiary), where outstanding shares and many equity awards were cashed out at the stated merger price. This is a corporate‑driven conversion to cash rather than an open‑market sale and therefore reflects the transaction terms, not an independent trading decision by the director.