Sandesh Kaveripatnam - Jun 22, 2022 Form 4 Insider Report for Anaplan, Inc. (PLAN)

Role: Director
Signature: /s/ Gary Spiegel, Attorney-in-Fact
Stock symbol: PLAN
Transactions as of: Jun 22, 2022
Transactions value $: -$52,962
Form type: 4
Date filed: 6/27/2022, 09:04 PM
Previous filing: Jun 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PLAN	Common Stock	Disposed to Issuer		-62.8K	-100%		0	Jun 22, 2022	Direct	F1
transaction	PLAN	Common Stock	Disposed to Issuer		-2.06M	-100%		0	Jun 22, 2022	By Napean Trading and Investment Company (Singapore) Pte. LTD	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PLAN	Stock Option (right to buy)	Disposed to Issuer	-$53K	-2.77K	-100%	$19.12	0	Jun 22, 2022	Common Stock	2.77K	$44.63	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sandesh Kaveripatnam is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The shares were disposed of pursuant to the Agreement and Plan of Merger, dated as of March 20, 2022, as amended by that certain Amendment to the Agreement and Plan of Merger, dated as of June 6, 2022 (the "Merger Agreement") by and among the Issuer, Anaplan Holdings, LLC (f/k/a Alpine Parent, LLC), a Delaware limited liability company, and Alpine Merger Sub, Inc., a Delaware corporation, whereby, immediately prior to the effective time of the merger contemplated therein (the "Effective Time"), all issued and outstanding shares of Issuer common stock were converted into the right to receive $63.75 per share in cash and, when so converted, automatically cancelled.
F2	Mr. Kaveripatnam is affiliated with Premji Invest. Napean Trading and Investment Co (Singapore) Pte. Ltd. is an entity affiliated with Premji Invest and as such Mr. Kaveripatnam may be deemed to have voting and investment power with respect to such shares. Mr. Kaveripatnam disclaims beneficial ownership of the shares held by the aforementioned entity except to the extent of any pecuniary interest therein.
F3	The Stock Option, which provided for service-based vesting in full on the earlier of: (i) the date of the regular annual meeting of the Company's stockholders held in the year following the Date of Grant and (ii) the one-year anniversary of the Date of Grant, was cancelled pursuant to the Merger Agreement in exchange for a cash payment representing the difference between the per share exercise price of the option and the $63.75 per share merger consideration, less all applicable deductions and withholdings required to be withheld in respect of such payment.