4//SEC Filing
Parikh Neil 4
Accession 0001598674-22-000028
CIK 0001598674other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 4:32 PM ET
Size
389.5 KB
Accession
0001598674-22-000028
Insider Transaction Report
Form 4
Parikh Neil
DirectorChief Strategy Officer
Transactions
- Disposition to Issuer
Common Stock
2022-01-25$6.90/sh−300,000$2,070,000→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2022-01-25$6.90/sh−1,075,674$7,422,151→ 0 total - Disposition to Issuer
Common Stock
2022-01-25$6.90/sh−270,000$1,863,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Option
2022-01-25−225,000→ 0 totalExercise: $13.60Exp: 2028-01-01→ Common Stock (225,000 underlying) - Disposition to Issuer
Stock Option
2022-01-25−120,000→ 0 totalExercise: $19.65Exp: 2029-07-18→ Common Stock (120,000 underlying)
Footnotes (7)
- [F1]Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of November 14, 2021 (the "Merger Agreement"), by and among Casper Sleep Inc. (the "Issuer"), Marlin Parent, Inc. and Marlin Merger Sub, Inc. ("Merger Sub"). On January 25, 2022, upon the closing of the merger of Merger Sub with and into the Issuer (the "Merger") contemplated by the Merger Agreement, each share of common stock of the Issuer, par value $0.000001 per share, was cancelled and automatically converted into the right to receive an amount in cash equal to $6.90 (the "Merger Consideration"), without interest, subject to applicable withholding taxes.
- [F2]In accordance with the Merger Agreement, each restricted stock unit award ("RSU Award") of the Issuer outstanding immediately prior to the effective time of the Merger (whether vested or unvested) was cancelled and converted into the right to receive an amount in cash, subject to applicable withholding taxes, equal to the Merger Consideration multiplied by the number of shares of Issuer common stock subject to such RSU Award.
- [F3]The Reporting Person is the Investment Advisor to Miesau Trust, which is the sole member of Miesau Trust, LLC.
- [F4]The Reporting Person is the Investment Advisor to ABE Trust, which is the sole member of ABE Holdings, LLC.
- [F5]The options were fully vested and exercisable.
- [F6]In accordance with the Merger Agreement, each option to acquire common stock of the Issuer that was unvested or had a per share exercise price equal to or greater than the Merger Consideration was cancelled for no consideration as of the effective time of the Merger.
- [F7]The options would have fully vested and become exercisable on July 16, 2023.
Documents
Issuer
Casper Sleep Inc.
CIK 0001598674
Entity typeother
Related Parties
1- filerCIK 0001791900
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 4:32 PM ET
- Size
- 389.5 KB