Olsen Stephen W 4
4 · Aaron's Company, Inc. · Filed Oct 7, 2024
Insider Transaction Report
Form 4
Olsen Stephen W
President
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−31,752→ 0 totalExercise: $12.35Exp: 2030-02-25→ Common Stock, par value $0.50 per share (31,752 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−12,036→ 0 totalExercise: $15.67Exp: 2029-02-21→ Common Stock, par value $0.50 per share (12,036 underlying) - Disposition to Issuer
Common Stock
2024-10-03−64,728→ 0 total - Disposition to Issuer
Common Stock
2024-10-03−55,938→ 64,728 total - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−37,852→ 0 totalExercise: $12.00Exp: 2033-03-06→ Common Stock, par value $0.50 per share (37,852 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−5,257→ 0 totalExercise: $13.67Exp: 2028-03-02→ Common Stock, par value $0.50 per share (5,257 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−20,130→ 0 totalExercise: $21.45Exp: 2032-02-25→ Common Stock, par value $0.50 per share (20,130 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−23,520→ 0 totalExercise: $21.76Exp: 2031-03-02→ Common Stock, par value $0.50 per share (23,520 underlying)
Footnotes (3)
- [F1]On June 16, 2024, The Aaron's Company, Inc., a Georgia corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with IQVentures Holdings, LLC, an Ohio limited liability company ("Parent" or "IQVentures"), and Polo Merger Sub, Inc., a newly formed Georgia corporation and a wholly owned subsidiary of Parent ("Merger Sub"). At the time the Merger became effective on October 3, 2024 (the "Effective Time"), each share of the Company's common stock ("Common Stock") issued and outstanding was converted automatically into the right to receive $10.10 in cash.
- [F2]At the Effective Time, each share subject to an unvested restricted stock award ("RSA") was modified to reflect an award of restricted cash in an amount equal to $10.10, which will remain subject to the vesting terms of the original RSAs.
- [F3]At the Effective Time, each stock option which had a per share exercise price equal to or greater than $10.10 was cancelled for no consideration.