Jeffrey R. Knudson - 22 Jul 2021 Form 4 Insider Report for At Home Group Inc.

Reporting relationship: Chief Financial Officer
Issuer ticker: N/A
Reported as of: 22 Jul 2021
Net transaction value: -$8,089,150
SEC form: 4
Accepted by SEC: 03 Aug 2021, 10:29:25 UTC
Prior SEC filing: 10 May 2021
Next SEC filing: 02 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Mary Jane Broussard, Attorney-in-Fact for Jeffrey R. Knudson

Filing notes and source

Key filing fact

Jeffrey R. Knudson filed Form 4 for At Home Group Inc. on 03 Aug 2021.

Key facts

This page summarizes Jeffrey R. Knudson's Form 4 filing for At Home Group Inc..
7 reported transactions and 5 derivative rows are listed below.
Accepted by SEC: 03 Aug 2021, 10:29.

Change

Previous filing in this sequence was filed on 10 May 2021.
Current net transaction value: -$8,089,150.

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.

HOME transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value: $554,741
Shares: -14,993
Change %: -74%
Price: $37.00
Shares after: 5,268
Date: 22 Jul 2021
Ownership: Direct
Footnotes: F1

HOME transaction

Common Stock

Disposed to Issuer

Transaction value: $194,916
Shares: -5,268
Change %: -100%
Price: $37.00
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HOME transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $670,699
Shares: -122,614
Change %: -100%
Price: $5.47^*
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 122,614
Exercise price: $31.53
Footnotes: F3, F4

HOME transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $418,845
Shares: -21,849
Change %: -100%
Price: $19.17
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,849
Exercise price: $17.83
Footnotes: F5, F6

HOME transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $701,250
Shares: -25,000
Change %: -100%
Price: $28.05
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $8.95
Footnotes: F6, F7

HOME transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $5,295,600
Shares: -180,000
Change %: -100%
Price: $29.42
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 180,000
Exercise price: $7.58
Footnotes: F4, F8

HOME transaction Derivative

Employee Stock Option (Right to Buy)

Disposed to Issuer

Transaction value: $253,099
Shares: -26,039
Change %: -100%
Price: $9.72
Shares after: 0
Date: 23 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 26,039
Exercise price: $27.28
Footnotes: F4, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jeffrey R. Knudson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 9 footnotes

Footnote F1

This amount consists of shares deliverable upon vesting and settlement of restricted stock units.

Footnote F2

These restricted stock units were cancelled pursuant to the amended and restated merger agreement between issuer, Ambience Parent, Inc. ("Parent") and Ambience Merger Sub, Inc. (the "Merger Agreement") in exchange for a cash payment equal to the market value of the underlying issuer common stock on the effective date of the merger ($37 per share).

Footnote F3

This option was scheduled to vest with respect to 11,435 of the underlying shares on September 28, 2021 and with respect to 111,179 of the underlying shares in substantially equal annual installments on each of September 28, 2021 and September 28, 2022.

Footnote F4

The portion of this option that was vested or scheduled to vest on or before July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option. The portion of this option scheduled to vest after July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a deferred cash payment (or, at the election of the reporting person, a grant of Parent restricted stock or restricted stock units having a grant date value) equal to the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the exercise price of the option, subject to vesting on the same schedule as the cancelled option.

Footnote F5

This option was scheduled to fully vest on March 28, 2022.

Footnote F6

This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option.

Footnote F7

This option was scheduled to fully vest on January 29, 2022.

Footnote F8

This option was vested with respect to 60,000 shares and provided for vesting of the remainder of the option in substantially equal annual installments on June 22, 2022 and June 22, 2023.

Footnote F9

This option provided for vesting in three substantially equal annual installments beginning on March 30, 2022.