Wall Christopher K 4

Accession 0001821393-24-000194

CIK 0001821393other

Filed

Oct 6, 8:00 PM ET

Accepted

Oct 7, 5:03 PM ET

Size

23.3 KB

Accession

0001821393-24-000194

Form 4

Period: 2024-10-03

Chief Financial Officer

Transactions

Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−8,093→ 0 total
Exercise: $15.67Exp: 2029-02-21→ Common Stock, par value $0.50 per share (8,093 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−11,103→ 0 total
Exercise: $12.35Exp: 2030-02-25→ Common Stock, par value $0.50 per share (11,103 underlying)
Disposition to Issuer
Common Stock
2024-10-03−38,625→ 44,093 total
Disposition to Issuer
Common Stock
2024-10-03−1,563→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−6,986→ 0 total
Exercise: $13.67Exp: 2028-03-02→ Common Stock, par value $0.50 per share (6,986 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−24,903→ 0 total
Exercise: $12.00Exp: 2033-03-06→ Common Stock, par value $0.50 per share (24,903 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−13,230→ 0 total
Exercise: $21.45Exp: 2032-02-25→ Common Stock, par value $0.50 per share (13,230 underlying)
Disposition to Issuer
Common Stock
2024-10-03−44,093→ 0 total
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−5,880→ 0 total
Exercise: $7.86Exp: 2027-02-24→ Common Stock, par value $0.50 per share (5,880 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−14,700→ 0 total
Exercise: $21.76Exp: 2031-03-02→ Common Stock, par value $0.50 per share (14,700 underlying)

Footnotes (4)

[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 less than $10.10 was cancelled and converted into the right to receive an amount in cash equal to (1) $10.10 minus the exercise price per share subject to such stock option multiplied by (2) the total number of shares of Common Stock subject to such stock option.
[F4]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.

Documents

1 file

Aaron's Company, Inc.

CIK 0001821393

Entity typeother