Jurgen Ingels - Jul 25, 2024 Form 4 Insider Report for MariaDB plc (MRDB)

Role
Director
Signature
/s/ Jurgen Ingels
Stock symbol
MRDB
Transactions as of
Jul 25, 2024
Transactions value $
-$3,360,174
Form type
4
Date filed
7/29/2024, 04:06 PM
Previous filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRDB Ordinary Shares Disposed to Issuer -$26.6K -48.3K -100% $0.55 0 Jul 25, 2024 Direct F1
transaction MRDB Ordinary Shares Disposed to Issuer -$100K -182K -100% $0.55 0 Jul 25, 2024 Direct F2, F3
transaction MRDB Ordinary Shares Disposed to Issuer -$3.23M -5.88M -100% $0.55 0 Jul 25, 2024 By Smartfin Capital II CommV and Smartfin Capital NV F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities were tendered pursuant to the unsolicited offer (the "Offer") by Meridian BidCo LLC, a Delaware limited liability company, an affiliate of K1 Investment Management, LLC, a Delaware limited liability company, to purchase all of the issued and to be issued ordinary shares of $0.01 each (nominal value) of MariaDB plc (each a "MariaDB Share"). These MariaDB Shares were tendered for purchase pursuant to the Offer and converted into the right to receive $0.55 in cash per MariaDB Share.
F2 Represents outstanding restricted stock unit awards ("RSUs").
F3 Pursuant to the closing of the Offer, each RSU whether vested or unvested was cancelled and automatically converted into the right to receive $0.55 in cash per MariaDB Share issuable in settlement of such RSU immediately before the closing of the Offer, net of any withholding taxes required to be deducted and withheld by applicable law.
F4 As the founder and managing Partner of Smartfin Capital II CommV ("Smartfin CommV"), the reporting person may be deemed to share beneficial ownership of the Ordinary Shares held by Smartfin CommV. The reporting person disclaims any beneficial ownership of any Ordinary Shares held by Smartfin CommV except to the extent of his ultimate pecuniary interest.
F5 As the founder and managing partner of SmartFin Capital NV (private privak) ("SmartFin NV"), the reporting person may be deemed to share beneficial ownership of the Ordinary Shares held by SmartFin NV. The reporting person disclaims any beneficial ownership of any Ordinary Shares held by SmartFin NV except to the extent of his ultimate pecuniary interest.