Paul O'Brien - Jul 25, 2024 Form 4 Insider Report for MariaDB plc (MRDB)

Role
Chief Executive Officer, Director
Signature
/s/ Paul O'Brien
Stock symbol
MRDB
Transactions as of
Jul 25, 2024
Transactions value $
-$715,000
Form type
4
Date filed
7/29/2024, 04:08 PM
Previous filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRDB Ordinary Shares Disposed to Issuer -$179K -325K -100% $0.55 0 Jul 25, 2024 Direct F1
transaction MRDB Ordinary Shares Disposed to Issuer -$536K -975K -100% $0.55 0 Jul 25, 2024 Direct F2, F3
* 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 outstanding 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.