Key facts
- This page summarizes Kenneth T. McBride's Form 4 filing for STAMPS.COM INC.
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Oct 2021, 14:09.
Kenneth T. McBride - 05 Oct 2021 Form 4 Insider Report for STAMPS.COM INC
- Reporting relationship
- Chairman & CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 05 Oct 2021
- Net transaction value
- -$44,540,340
- SEC form
- 4
- Accepted by SEC
- 07 Oct 2021, 14:09:39 UTC
- Prior SEC filing
- 17 Aug 2021
- Next SEC filing
- 05 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- /s// David M. Zlotchew, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kenneth T. McBride filed Form 4 for STAMPS.COM INC on 07 Oct 2021.
Change
- Previous filing in this sequence was filed on 17 Aug 2021.
- Current net transaction value: -$44,540,340.
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.
STMP
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $296,340
- Shares
- -898
- Change %
- -100%
- Price
- $330.00
- Shares after
- 0
- Date
- 05 Oct 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
STMP
transaction
Derivative
Stock option (right to buy)
Disposed to Issuer
- Transaction value
- $44,244,000
- Shares
- -150,000
- Change %
- -100%
- Price
- $294.96
- Shares after
- 0
- Date
- 05 Oct 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 150,000
- Exercise price
- $35.04
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The securities were disposed of in connection with the acquisition of the Issuer by an affiliate of Thoma Bravo LP (the "Merger").
Footnote F2
This option, which provided for vesting of approximately one-third of the shares on June 3, 2020, and, with respect to the remaining two-thirds of the shares, in 24 approximately equal monthly installments thereafter, was canceled in the Merger in exchange for a cash payment of $44,244,000, representing the difference between the exercise price of the options and the market value of the underlying Stamps.com common stock at the effective time of the Merger ($330 per share).