| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CVT | Common Stock | 2.22M | Dec 8, 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CVT | Stock Option (right to buy) | Dec 8, 2021 | Common Stock | 31.3K | $4.78 | Direct | F2, F3 | ||||||
| holding | CVT | Stock Option (right to buy) | Dec 8, 2021 | Common Stock | 20.4K | $4.87 | Direct | F2, F4 | ||||||
| holding | CVT | Stock Option (right to buy) | Dec 8, 2021 | Common Stock | 34K | $5.07 | Direct | F2, F5 |
| Id | Content |
|---|---|
| F1 | On December 8, 2021 (the "Closing Date"), Cvent Holding Corp. (the "Issuer"), formerly known as Dragoneer Growth Opportunities Corp. II, acquired Papay Topco, Inc. ("Legacy Cvent") in a series of mergers (the "Mergers") pursuant to a Business Combination Agreement (the "Business Combination Agreement") by and among the Issuer, Redwood Opportunity Merger Sub, Inc., Redwood Merger Sub LLC, and Legacy Cvent. In accordance with the terms and subject to the conditions of the Business Combination Agreement, on the Closing Date, each share of Legacy Cvent Common Stock held by the Reporting Person was converted into the right to receive shares of common stock, par value $0.0001 per share, of the Issuer (the "New Cvent Common Stock"). |
| F2 | On the Closing Date, in accordance with the terms and subject to the conditions of the Business Combination Agreement, each outstanding equity award of Legacy Cvent was exchanged for comparable equity awards that are exercisable for shares of New Cvent Common Stock. Accordingly, the Reporting Person received stock options of the Issuer to purchase New Cvent Common Stock (the "New Cvent Options"), subject to the same vesting terms as the corresponding options to purchase common stock of Legacy Cvent (the "Legacy Cvent Options"). |
| F3 | Such New Cvent Options held by the Reporting Person were granted subject to service-based vesting requirements that applied with respect to the applicable Legacy Cvent Options, as follows: 50% vested on August 9, 2018 and the remaining 50% vest in eight equal installments at the end of each full three month calendar period thereafter, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. |
| F4 | Such New Cvent Options held by the Reporting Person were granted subject to service-based vesting requirements that applied with respect to the applicable Legacy Cvent Options, as follows: 25% vested on March 1, 2020 and the remaining 75% vest in twelve equal installments at the end of each full three month calendar period thereafter, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. |
| F5 | Such New Cvent Options held by the Reporting Person were granted subject to service-based vesting requirements that applied with respect to the applicable Legacy Cvent Options, as follows: 25% will vest on March 15, 2022 and the remaining 75% will vest on March 15, 2023, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. |
Exhibit 24 - Power of Attorney