Thomas Hendrickson - Jun 14, 2024 Form 4 Insider Report for Snap One Holdings Corp. (SNPO)

Role
Director
Signature
/s/ J.D. Ellis, Attorney-in-fact for Thomas Hendrickson
Stock symbol
SNPO
Transactions as of
Jun 14, 2024
Transactions value $
-$321,081
Form type
4
Date filed
6/14/2024, 05:17 PM
Previous filing
May 21, 2024
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPO Common Stock Disposed to Issuer -$321K -29.9K -100% $10.75 0 Jun 14, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 On June 14, 2024, Resideo Technologies, Inc. ("Resideo") acquired the Issuer pursuant to an Agreement and Plan of Merger, dated as of April 14, 2024 (the "Merger Agreement"), by and among the Issuer, Resideo and Pop Acquisition Inc., a Delaware corporation and a wholly owned subsidiary of Resideo ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Resideo. At the Effective Time (as defined in the Merger Agreement), each issued and outstanding share of Issuer common stock, par value $0.01 per share (the "Common Stock") (other than certain Excluded Shares (as defined in the Merger Agreement)) automatically converted into the right to receive $10.75 per share in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"). Any stock options held by the reporting person, if any, were cancelled in the Merger.