Anthony A. Florence Jr. - 25 Jan 2022 Form 4 Insider Report for Casper Sleep Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Jan 2022, 16:58:02 UTC
Prior SEC filing
05 Jan 2022
Next SEC filing
01 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Louis Citron, attorney in fact

Key filing fact

Anthony A. Florence Jr. filed Form 4 for Casper Sleep Inc. on 26 Jan 2022.

Key facts

  • This page summarizes Anthony A. Florence Jr.'s Form 4 filing for Casper Sleep Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 26 Jan 2022, 16:58.

Change

  • Previous filing in this sequence was filed on 05 Jan 2022.
  • Current net transaction value: -$43,165,682.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CSPR transaction

Common Stock

Disposed to Issuer

Transaction value
$42,935,264
Shares
-6,222,502
Change %
-100%
Price
$6.90
Shares after
0
Date
25 Jan 2022
Ownership
See Note 2
Footnotes
F1, F2
CSPR transaction

Common Stock

Disposed to Issuer

Transaction value
$230,419
Shares
-33,394
Change %
-100%
Price
$6.90
Shares after
0
Date
25 Jan 2022
Ownership
Direct
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Anthony A. Florence Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated as of November 14, 2021 (the "Merger Agreement"), by and among Casper Sleep Inc. (the "Issuer"), Marlin Parent, Inc. ("Parent") and Marlin Merger Sub, Inc. ("Merger Sub"). On January 25, 2022, upon the closing of the merger of Merger Sub with and into the Issuer (the "Merger") contemplated by the Merger Agreement, each share of common stock of the Issuer, par value $0.000001 per share, was cancelled and automatically converted into the right to receive an amount in cash equal to $6.90 (the "Merger Consideration"), without interest, subject to applicable withholding taxes.

Footnote F2

The Reporting Person is a director of NEA 14 GP, LTD, which is the sole general partner of NEA Partners 14, L.P. ("NEA Partners 14"). NEA Partners 14 is the sole general partner of New Enterprise Associates 14, L.P. ("NEA 14"), the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 14 in which the Reporting Person has no pecuniary interest.

Footnote F3

In accordance with the Merger Agreement, each restricted stock unit award ("RSU Award") of the Issuer outstanding immediately prior to the effective time of the Merger (whether vested or unvested) was cancelled and converted into the right to receive an amount in cash, subject to applicable withholding taxes, equal to the Merger Consideration multiplied by the number of shares of Issuer common stock subject to such RSU Award.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .