Ashley F. Sheetz - Jul 23, 2021 Form 4 Insider Report for At Home Group Inc. (HOME)

Signature
/s/ Mary Jane Broussard, Attorney-in-Fact for Ashley F. Sheetz
Stock symbol
HOME
Transactions as of
Jul 23, 2021
Transactions value $
-$5,139,048
Form type
4
Date filed
8/3/2021, 10:33 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOME Common Stock Disposed to Issuer -4.71K -69.14% 2.1K Jul 23, 2021 Direct F1, F2
transaction HOME Common Stock Disposed to Issuer -$77.8K -2.1K -100% $37.00 0 Jul 23, 2021 Direct F3

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 -$599K -28.2K -100% $21.23 0 Jul 23, 2021 Common Stock 28.2K $15.77 Direct F4, F5
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$379K -69.6K -100% $5.44* 0 Jul 23, 2021 Common Stock 69.6K $31.56 Direct F5, F6
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$524K -27.3K -100% $19.17 0 Jul 23, 2021 Common Stock 27.3K $17.83 Direct F5, F7
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$415K -14.8K -100% $28.05 0 Jul 23, 2021 Common Stock 14.8K $8.95 Direct F5, F8
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$2.94M -100K -100% $29.42 0 Jul 23, 2021 Common Stock 100K $7.58 Direct F9, F10
transaction HOME Employee Stock Option (Right to Buy) Disposed to Issuer -$202K -20.8K -100% $9.72 0 Jul 23, 2021 Common Stock 20.8K $27.28 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ashley F. Sheetz 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 a rollover agreement entered into between the reporting person and Ambience Parent, Inc. ("Parent") in connection with the effectuation of the transactions contemplated by the amended and restated merger agreement between the issuer, Parent, and Ambience Merger Sub, Inc. (the "Merger Agreement"), the reporting person exchanged these shares for shares of Parent having an equivalent value as of the effective date of the merger, based on a market value of the issuer shares on the effective date of $37 per share.
F2 This amount consists of shares deliverable upon vesting and settlement of restricted stock units.
F3 These restricted stock units were cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to the market value of the underlying issuer common stock on the effective date of the merger ($37 per share).
F4 This option was fully vested and exercisable as of the cancellation date.
F5 This option 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.
F6 This option was vested with respect to 44,222 shares and provided for vesting of the remainder of the option on April 3, 2022.
F7 This option was vested with respect to 13,646 shares and provided for vesting of the remainder of the option on March 28, 2022.
F8 This option provided for vesting on January 29, 2022.
F9 This option was vested with respect to 33,334 shares and provided for vesting of the remainder of the option in substantially equal annual installments on each of June 22, 2022 and June 22, 2023.
F10 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. 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.
F11 This option provided for vesting in three substantially equal annual installments beginning on March 30, 2022.