Key facts
- This page summarizes Scott N. Semel's Form 4 filing for EngageSmart, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 29 Jan 2024, 17:30.
Scott N. Semel - 26 Jan 2024 Form 4 Insider Report for EngageSmart, Inc.
- Reporting relationship
- Chief Legal Officer
- Issuer ticker
- N/A
- Reported as of
- 26 Jan 2024
- Net transaction value
- -$959,767
- SEC form
- 4
- Accepted by SEC
- 29 Jan 2024, 17:30:39 UTC
- Prior SEC filing
- 03 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Scott N. Semel
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Scott N. Semel filed Form 4 for EngageSmart, Inc. on 29 Jan 2024.
Change
- Previous filing in this sequence was filed on 03 Jan 2024.
- Current net transaction value: -$959,767.
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.
ESMT
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $959,767
- Shares
- -41,729
- Change %
- -100%
- Price
- $23.00
- Shares after
- 0
- Date
- 26 Jan 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ESMT
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -102,625
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 26 Jan 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 102,625
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Scott N. Semel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
This Form 4 reports securities disposed of under the Agreement and Plan of Merger (the "Merger Agreement"), dated October 23, 2023, among EngageSmart, Inc. (the "Company"), Icefall Parent, Inc. ("Parent"), and Icefall Merger Sub, LLC ("Merger Sub"), under which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of common stock of the Company ("Shares") was cancelled and converted into the right to receive $23.00 in cash (the "Per Share Price") without interest thereon.
Footnote F2
Each Company restricted stock unit ("Company RSUs") represented a contingent right to receive one Share upon vesting of the Company RSU.
Footnote F3
Under the Merger Agreement, at the Effective Time, each Company RSU reported in this Form 4 was cancelled and converted into the contingent right to receive from Parent or the Company a converted cash award (a "Converted Cash Award") with respect to an aggregate amount in cash equal in value to (A) the total number of Shares subject to such Company RSU immediately prior to the Effective Time multiplied by (B) the Per Share Price, which Converted Cash Award will remain subject to the same vesting terms and conditions of the corresponding Company RSU.