Nigel K. Savory - 13 May 2022 Form 4 Insider Report for BOTTOMLINE TECHNOLOGIES INC

Reporting relationship: Managing Director Europe
Issuer ticker: N/A
Reported as of: 13 May 2022
Net transaction value: -$8,580,381
SEC form: 4
Accepted by SEC: 17 May 2022, 11:38:38 UTC
Prior SEC filing: 11 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Gwendolen Long as POA for Nigel K. Savory

Key filing fact

Nigel K. Savory filed Form 4 for BOTTOMLINE TECHNOLOGIES INC on 17 May 2022.

Key facts

This page summarizes Nigel K. Savory's Form 4 filing for BOTTOMLINE TECHNOLOGIES INC.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 17 May 2022, 11:38.

Change

Previous filing in this sequence was filed on 11 Feb 2022.
Current net transaction value: -$8,580,381.

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.

EPAY transaction

Common Stock

Disposed to Issuer

Transaction value: $8,580,381
Shares: -150,533
Change %: -100%
Price: $57.00
Shares after: 0
Date: 13 May 2022
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Nigel K. Savory is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

On May 13, 2022, Project RB Merger Sub, Inc., a Delaware corporation ("Merger Sub") and a wholly owned subsidiary of Bottomline Intermediate Holdings III, LLC (formerly known as Project RB Parent, LLC), a Delaware limited liability company ("Parent"), completed its merger (the "Merger") with and into Bottomline Technologies, Inc., a Delaware corporation (the "Company"), pursuant to the terms of the Agreement and Plan of Merger, dated December 16, 2021, by and among Parent, Merger Sub and the Company. The Company was the surviving corporation in the Merger and, as a result, is now a wholly owned subsidiary of Parent. Parent and Merger Sub are affiliates of Thoma Bravo Fund XV, L.P., managed by Thoma Bravo, L.P. As of the effective time of the Merger, each share of common stock of the Company outstanding immediately prior to the effective time of the Merger was converted into the right to receive $57.00 in cash, subject to applicable withholding taxes.