Brenda Freeman - 13 Nov 2023 Form 4 Insider Report for Blue Apron Holdings, Inc.

Role
Director
Signature
/s/ Meredith Deutsch, as attorney-in-fact for Brenda Freeman
Issuer symbol
N/A
Transactions as of
13 Nov 2023
Net transactions value
$0
Form type
4
Filing time
13 Nov 2023, 11:05:21 UTC
Previous filing
19 Dec 2023
Next filing
21 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APRN Class A Common Stock Disposed to Issuer -3,155 -100% 0 13 Nov 2023 Direct F1

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 APRN Restricted Stock Unit Disposed to Issuer -9,472 -100% 0 13 Nov 2023 Class A Common Stock 9,472 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 In connection with that certain Agreement and Plan of Merger by and among Blue Apron Holdings, Inc. (the "Company"), Wonder Group, Inc., and Basil Merger Corporation, dated as of September 28, 2023 (the "Merger Agreement") and the related tender offer, the Reporting Person became entitled to receive, in respect of each share of the Company's Class A Common Stock, an amount in cash equal to $13.00.
F2 Each restricted stock unit ("RSU") represented the right to receive one share of the Company's Class A Common Stock.
F3 Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time (as defined in the Merger Agreement), each RSU that was outstanding vested in full (to the extent unvested) and was cancelled and converted into the right to receive from the Surviving Corporation (as defined in the Merger Agreement) an amount of cash from the Surviving Corporation equal to the product of (1) the total number of shares of Class A Common Stock underlying each RSU multiplied by (2) $13.00 (without interest and subject to any applicable withholding tax).