Martin Marcela K. - 15 Jun 2023 Form 4 Insider Report for CVENT HOLDING CORP.

Role
Director
Signature
/s/ Kevin Frank, attorney-in-fact for Marcela Martin
Issuer symbol
N/A
Transactions as of
15 Jun 2023
Net transactions value
-$396,142
Form type
4
Filing time
20 Jun 2023, 18:37:35 UTC
Previous filing
12 Jun 2023
Next filing
15 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVT Common Stock Disposed to Issuer $396,142 -46,605 -100% $8.50 0 15 Jun 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Martin Marcela K. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to that certain Agreement and Plan of Merger, dated as of March 14, 2023 (the "Merger Agreement"), by and among the Issuer, Capstone Borrower, Inc. ("Parent"), and Capstone Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of the Issuer's common stock that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $8.50 per share in cash, without interest (the "Merger Consideration").
F2 The shares of the Issuer's common stock reported as disposed by the Reporting Person include restricted stock units ("RSUs") of the Issuer which, pursuant to the Merger Agreement, were, at the Effective Time, automatically cancelled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (a) Merger Consideration and (b) the number of shares of the Issuer's common stock subject to such RSUs as of immediately prior to the Effective Time.