Amine Khechfe - 05 Oct 2021 Form 4 Insider Report for STAMPS.COM INC

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Oct 2021, 14:11:27 UTC
Prior SEC filing
03 Aug 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David M. Zlotchew, Attorney in Fact

Key filing fact

Amine Khechfe filed Form 4 for STAMPS.COM INC on 07 Oct 2021.

Key facts

  • This page summarizes Amine Khechfe's Form 4 filing for STAMPS.COM INC.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 07 Oct 2021, 14:11.

Change

  • Previous filing in this sequence was filed on 03 Aug 2021.
  • Current net transaction value: -$3,658,318.

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.

STMP transaction

Common Stock

Disposed to Issuer

Transaction value
$32,670
Shares
-99
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
$3,625,648
Shares
-12,292
Change %
-100%
Price
$294.96
Shares after
0
Date
05 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,292
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 $3,625,648.32, 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).

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