Catherine Aslin - Jul 23, 2021 Form 4 Insider Report for At Home Group Inc. (HOME)

Role
Chief Human Resources Officer
Signature
/s/ Mary Jane Broussard, Attorney-in-Fact for Catherine Aslin
Stock symbol
HOME
Transactions as of
Jul 23, 2021
Transactions value $
-$612,508
Form type
4
Date filed
8/3/2021, 10:21 AM

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 HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$505K -29.5K -100% $17.10 0 Jul 23, 2021 Common Stock 29.5K $19.90 Direct F1, F2, F3
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$108K -11.1K -100% $9.72 0 Jul 23, 2021 Common Stock 11.1K $27.28 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 This option provided for vesting in substantially equal annual installments on each of October 12, 2021, October 12, 2022 and October 12, 2023.
F2 This option was cancelled pursuant to the amended and restated merger agreement between issuer, Ambience Parent, Inc. ("Parent") and Ambience Merger Sub, Inc. (the "Merger Agreement"). The portion of this option that was vested or scheduled to vest on or before July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option.
F3 The portion of this option scheduled to vest after July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a deferred cash payment (or, at the election of the reporting person, a grant of Parent restricted stock or restricted stock units having a grant date value) equal to the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the exercise price of the option, subject to vesting on the same schedule as the cancelled option.
F4 This option provided for vesting in three substantially equal annual installments beginning on March 30, 2022.