Mohan P. Ananda - 05 Oct 2021 Form 4 Insider Report for STAMPS.COM INC

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 05 Oct 2021
Net transaction value: -$215,698,220
SEC form: 4
Accepted by SEC: 07 Oct 2021, 14:08:16 UTC
Prior SEC filing: 04 Oct 2021
Next SEC filing: 26 Oct 2021
Source filing: View source filing
Reporting owner signature: David M. Zlotchew, Attorney in Fact

Key filing fact

Mohan P. Ananda filed Form 4 for STAMPS.COM INC on 07 Oct 2021.

Key facts

This page summarizes Mohan P. Ananda's Form 4 filing for STAMPS.COM INC.
7 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 07 Oct 2021, 14:08.

Change

Previous filing in this sequence was filed on 04 Oct 2021.
Current net transaction value: -$215,698,220.

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: $210,382,920
Shares: -637,524
Change %: -100%
Price: $330.00
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Footnotes: F1, F2

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: $1,196,600
Shares: -5,000
Change %: -100%
Price: $239.32
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $90.68
Footnotes: F1, F3

STMP transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value: $924,250
Shares: -5,000
Change %: -100%
Price: $184.85
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $145.15
Footnotes: F1, F4

STMP transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value: $315,250
Shares: -5,000
Change %: -100%
Price: $63.05
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $266.95
Footnotes: F1, F5

STMP transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value: $1,456,500
Shares: -5,000
Change %: -100%
Price: $291.30
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $38.70
Footnotes: F1, F6

STMP transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value: $730,500
Shares: -5,000
Change %: -100%
Price: $146.10
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $183.90
Footnotes: F1, F7

STMP transaction Derivative

Stock option (right to buy)

Disposed to Issuer

Transaction value: $692,200
Shares: -5,000
Change %: -100%
Price: $138.44
Shares after: 0
Date: 05 Oct 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $191.56
Footnotes: F1, F8

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Mohan P. Ananda is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 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

Immediately prior to the October 5, 2021 transactions, included: 548 shares held by Mr. Ananda; 454,500 shares held by Mr. Ananda in the Ananda Small Business Trust; 10,000 shares held by the Ananda Charitable Remainder Trust; 26,000 shares held by the Ananda Foundation; 144,077 shares held in trust for the benefit of Mr. Ananda's family; and 2,399 shares held beneficially for Mr. Ananda's children.

Footnote F3

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $1,196,600, 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).

Footnote F4

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $924,250, 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).

Footnote F5

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $315,250, 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).

Footnote F6

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $1,456,500, 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).

Footnote F7

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $730,500, 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).

Footnote F8

This option, which had previously fully vested, was canceled in the Merger in exchange for a cash payment of $692,200, 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).