Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MNTV | Common Stock | Disposed to Issuer | -242K | -100% | 0 | May 31, 2023 | Direct | F1, F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MNTV | Non-qualified stock option (right to buy) | Disposed to Issuer | $0 | -150K | -100% | $0.00* | 0 | May 31, 2023 | Common Stock | 150K | $7.14 | Direct | F4 |
Lora D. Blum is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Certain of these shares are represented by previously reported restricted stock units ("RSUs") and restricted stock awards ("RSAs"). At the effective time of the merger (the "Effective Time") contemplated by the Agreement and Plan of Merger, dated March 13, 2023 (the "Merger Agreement"), among Mercury Bidco LLC, Mercury Merger Sub, Inc. and Momentive Global Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount equal to $9.46 in cash (the "Per Share Price"). At the Effective Time, each issued and outstanding unvested RSU and unvested RSA was cancelled and converted into the contingent right to receive an amount in cash (each, a "Converted Cash Award"), equal to the Per Share Price. (Continued below) |
F2 | (Continued from above) Except as otherwise provided in the Merger Agreement, each such Converted Cash Award will continue to have, and will be subject to, the same vesting terms and conditions as applied to the corresponding unvested RSU and unvested RSA immediately prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied. |
F3 | At the Effective Time, each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price. |
F4 | At the Effective Time, this unvested stock option was cancelled and converted into the contingent right to receive a Converted Cash Award equal to (x) the number of shares of Company common stock subject to such stock option immediately prior to the Effective Time, multiplied by (y) the excess of the Per Share Price over the exercise price per share of the stock option. Such Converted Cash Award will continue to have, and will be subject to, the same vesting terms and conditions as applied to the stock option immediately prior to the Effective Time. |