Marc Evan Brown - 23 Jun 2022 Form 4 Insider Report for DATTO HOLDING CORP.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 23 Jun 2022
Net transaction value: -$652,170
SEC form: 4
Accepted by SEC: 27 Jun 2022, 21:28:16 UTC
Prior SEC filing: 13 Jun 2022
Next SEC filing: 12 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Adam Collicelli, by Power of Attorney

Key filing fact

Marc Evan Brown filed Form 4 for DATTO HOLDING CORP. on 27 Jun 2022.

Key facts

This page summarizes Marc Evan Brown's Form 4 filing for DATTO HOLDING CORP..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Jun 2022, 21:28.

Change

Previous filing in this sequence was filed on 13 Jun 2022.
Current net transaction value: -$652,170.

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.

MSP transaction

Common Stock

Disposed to Issuer

Transaction value: $416,024
Shares: -11,719
Change %: -100%
Price: $35.50
Shares after: 0
Date: 23 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F3

MSP transaction

Common Stock

Disposed to Issuer

Transaction value: $236,146
Shares: -6,652
Change %: -100%
Price: $35.50
Shares after: 0
Date: 23 Jun 2022
Ownership: Direct
Footnotes: F1, F2, F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Marc Evan Brown is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated April 11, 2022, by and among Knockout Parent Inc., Knockout Merger Sub Inc., the Issuer, and, for certain limited purposes set forth in the Merger Agreement, Kaseya Holdings Inc. and Kaseya Inc. (the "Merger Agreement"), each share of the Issuer's common stock ("Common Stock") was canceled and converted into the right to receive $35.50 per share in cash without interest, subject to required withholding taxes.

Footnote F2

Pursuant to the Merger Agreement, as of June 23, 2022 (the "Effective Time"), each restricted stock unit of the Issuer (an "RSU") that is unexpired, unexercised, outstanding and vested as of immediately prior to the Effective Time or that vested in accordance with its terms as a result of the consummation of the merger and other transactions contemplated by the Merger Agreement (a "Vested RSU") was canceled and converted into the right to receive an amount in cash equal to the product of (i) $35.50 and (ii) the total number of shares of Common Stock subject to such Vested RSUs as of immediately prior to the Effective Time.

Footnote F3

At the Effective Time, the 11,719 RSUs were canceled in exchange for a cash payment representing $35.50 for each outstanding RSU.

Footnote F4

At the Effective Time, the 6,652 RSUs were canceled in exchange for a cash payment representing $35.50 for each outstanding RSU.