Key facts
- This page summarizes Narayan Menon's Form 4 filing for Vimeo, Inc. (VMEO).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 27 May 2021, 17:44.
Narayan Menon - 25 May 2021 Form 4 Insider Report for Vimeo, Inc. (VMEO)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- VMEO
- Reported as of
- 25 May 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Jessica Tracy, Attorney-in-Fact for Narayan Menon
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Narayan Menon filed Form 4 for Vimeo, Inc. (VMEO) on 27 May 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VMEO
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +340
- Change %
- Price
- $0.000000
- Shares after
- 340
- Date
- 25 May 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VMEO
transaction
Derivative
Stock Appreciation Rights
Award
- Transaction value
- $0
- Shares
- +1,825,740
- Change %
- Price
- $0.000000
- Shares after
- 1,825,740
- Date
- 25 May 2021
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01
- Underlying amount
- 1,825,740
- Exercise price
- $6.72
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents shares of Issuer common stock that Mr. Menon received in connection with the completion of the Issuer's spin-off (the "Spin-off") from IAC/InterActiveCorp ("IAC") on May 25, 2021, as a result of shares of IAC common stock held by Mr. Menon prior to the Spin-off. In connection with the Spin-off, each share of IAC par value $0.001 common stock was reclassified into (i) one share of IAC par value $0.0001 common stock and (ii) 1/100th of a share of IAC par value $0.01 Series 1 mandatorily exchangeable preferred stock that was then automatically exchanged into 1.6235 shares of Issuer common stock (with holders receiving cash in lieu of any fractional shares of Issuer common stock resulting, after aggregation, from the reclassification).
Footnote F2
Prior to the completion of the Spin-off, Vimeo.com, Inc., formerly known as Vimeo, Inc. ("Vimeo") had outstanding stock appreciation rights ("SARs"), the value of which corresponded to shares of Vimeo common stock. Pursuant to the terms of the Employee Matters Agreement by and between the Issuer and IAC, dated May 25, 2021, and in connection with the Spin-off, each SAR that was outstanding as of immediately prior to the effective time of the Spin-off was automatically converted into a SAR corresponding to, and settled in, shares of Issuer common stock, with adjustments to the number of shares subject to each Issuer SAR and the base price applicable to each Issuer SAR, based on an exchange ratio of 1:1.0143.
Footnote F3
The first previously vested installment of the SARs became exercisable on May 25, 2021, and the remaining three equal installments become exercisable on February 24, 2022, February 24, 2023 and February 24, 2024.