Robert J. Bass - 22 Jan 2024 Form 4 Insider Report for Groupon, Inc. (GRPN)

Role
Director
Signature
/s/ Meagan LeGear, by Power of Attorney
Issuer symbol
GRPN
Transactions as of
22 Jan 2024
Net transactions value
+$107,802
Form type
4
Filing time
24 Jan 2024, 20:29:16 UTC
Previous filing
13 Dec 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Exercise of in-the-money or at-the-money derivative security $107,802 +9,540 +22% $11.30 52,471 22 Jan 2024 Direct F1, F2

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 GRPN Subscription Rights (right to buy) Exercise of in-the-money or at-the-money derivative security $0 +9,540 $0.000000 9,540 22 Jan 2024 Class A Common Stock 9,540 $11.30 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock purchased by the Reporting Person following the exercise of his subscription rights pursuant to the Issuer's rights offering (the "Rights Offering"), as described in the Issuer's prospectus supplement dated November 21, 2023.
F2 Each holder of Common Stock as of November 20, 2023 (the "Record Date") received one basic subscription right for each share of Common Stock beneficially owned as of the Record Date, and each basic subscription right entitled the holder of Common Stock to purchase 0.222257 shares of Common Stock at the subscription price of $11.30 per whole share of Common Stock. The Rights Offering expired on January 17, 2024. The number of shares of Common Stock purchased by the Reporting Person was not determined until January 22, 2024.
F3 Represents subscription rights granted to the Reporting Person and exercised in the Rights Offering.