Priyanka Carr - 31 May 2023 Form 4 Insider Report for MOMENTIVE GLOBAL INC.

Reporting relationship: Chief Operating Officer
Issuer ticker: N/A
Reported as of: 31 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jun 2023, 19:45:22 UTC
Prior SEC filing: 24 May 2023
Source filing: View source filing
Reporting owner signature: Michelle Leung, by power of attorney

Key filing fact

Priyanka Carr filed Form 4 for MOMENTIVE GLOBAL INC. on 02 Jun 2023.

Key facts

This page summarizes Priyanka Carr's Form 4 filing for MOMENTIVE GLOBAL INC..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 02 Jun 2023, 19:45.

Change

Previous filing in this sequence was filed on 24 May 2023.
Current net transaction value: $0.

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.

MNTV transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -361,131
Change %: -100%
Price
Shares after: 0
Date: 31 May 2023
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

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

MNTV transaction Derivative

Non-qualified stock option (right to buy)

Disposed to Issuer

Transaction value: $0
Shares: -150,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 May 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 150,000
Exercise price: $7.14
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Priyanka Carr 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

Certain of these shares are represented by previously reported restricted stock units ("RSUs") and restricted stock awards ("RSAs"). At the effective time of the merger (the "Effective Time") contemplated by the Agreement and Plan of Merger, dated March 13, 2023 (the "Merger Agreement"), among Mercury Bidco LLC, Mercury Merger Sub, Inc. and Momentive Global Inc. (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount equal to $9.46 in cash (the "Per Share Price"). At the Effective Time, each issued and outstanding unvested RSU and unvested RSA was cancelled and converted into the contingent right to receive an amount in cash (each, a "Converted Cash Award"), equal to the Per Share Price. (Continued below)

Footnote F2

(Continued from above) Except as otherwise provided in the Merger Agreement, each such Converted Cash Award will continue to have, and will be subject to, the same vesting terms and conditions as applied to the corresponding unvested RSU and unvested RSA immediately prior to the Effective Time, with payment forfeited to the extent vesting is not satisfied.

Footnote F3

At the Effective Time, each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.

Footnote F4

At the Effective Time, this unvested stock option was cancelled and converted into the contingent right to receive a Converted Cash Award equal to (x) the number of shares of Company common stock subject to such stock option immediately prior to the Effective Time, multiplied by (y) the excess of the Per Share Price over the exercise price per share of the stock option. Such Converted Cash Award will continue to have, and will be subject to, the same vesting terms and conditions as applied to the stock option immediately prior to the Effective Time.