Theodore R. Samuels - Oct 5, 2021 Form 4 Insider Report for STAMPS.COM INC (STMP)

Role
Director
Signature
/s/ David M. Zlotchew, by power of attorney for Theodore R. Samuels
Stock symbol
STMP
Transactions as of
Oct 5, 2021
Transactions value $
-$5,519,200
Form type
4
Date filed
10/7/2021, 02:09 PM
Previous filing
Oct 1, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STMP Common Stock Disposed to Issuer -$330K -1K -100% $330.00 0 Oct 5, 2021 By Ted and Lori Samuels Family Trust dtd 7/3/96 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 STMP Stock option (right to buy) Disposed to Issuer -$1.07M -5K -100% $214.10 0 Oct 5, 2021 Common Stock 5K $115.90 Direct F1, F3
transaction STMP Stock option (right to buy) Disposed to Issuer -$924K -5K -100% $184.85 0 Oct 5, 2021 Common Stock 5K $145.15 Direct F1, F4
transaction STMP Stock option (right to buy) Disposed to Issuer -$315K -5K -100% $63.05 0 Oct 5, 2021 Common Stock 5K $266.95 Direct F1, F5
transaction STMP Stock option (right to buy) Disposed to Issuer -$1.46M -5K -100% $291.30 0 Oct 5, 2021 Common Stock 5K $38.70 Direct F1, F6
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, F7
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, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Theodore R. Samuels 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 The reporting person disclaims beneficial ownership of the shares held by the Ted and Lori Samuels Family Trust, dated July 3, 1996, except to the extent of his pecuniary interest therein.
F3 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $1,070,500, 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).
F4 This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $924,250, 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 $315,250, 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 $1,456,500, 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).
F7 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).
F8 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).