Katie May - Oct 5, 2021 Form 4 Insider Report for STAMPS.COM INC (STMP)

Role
Director
Signature
/s/ David M. Zlotchew, Attorney-in-Fact
Stock symbol
STMP
Transactions as of
Oct 5, 2021
Transactions value $
-$7,738,776
Form type
4
Date filed
10/7/2021, 02:09 PM
Previous filing
Jul 28, 2021
Next filing
May 19, 2023

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 STMP Stock option (right to buy) Disposed to Issuer -$1.81M -13.1K -100% $137.75 0 Oct 5, 2021 Common Stock 13.1K $192.25 Direct F1, F2
transaction STMP Stock option (right to buy) Disposed to Issuer -$1.12M -8.33K -100% $133.95 0 Oct 5, 2021 Common Stock 8.33K $196.05 Direct F1, F3
transaction STMP Stock option (right to buy) Disposed to Issuer -$3.39M -11.5K -100% $294.96 0 Oct 5, 2021 Common Stock 11.5K $35.04 Direct F1, F4
transaction STMP Stock option (right to buy) Disposed to Issuer -$731K -5K -100% $146.10 0 Oct 5, 2021 Common Stock 5K $183.90 Direct F1, F5
transaction STMP Stock option (right to buy) Disposed to Issuer -$692K -5K -100% $138.44 0 Oct 5, 2021 Common Stock 5K $191.56 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 The securities were disposed of in connection with the acquisition of the Issuer by an affiliate of Thoma Bravo LP (the "Merger").
F2 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $1,807,831, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).
F3 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $1,116,205.35, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).
F4 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $3,392,040, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).
F5 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $730,500, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).
F6 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $692,200, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).