Joshua D. Ellis - 14 Jun 2024 Form 4 Insider Report for Snap One Holdings Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Jun 2024, 17:31:24 UTC
Prior SEC filing
24 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joshua D. Ellis

Key filing fact

Joshua D. Ellis filed Form 4 for Snap One Holdings Corp. on 14 Jun 2024.

Key facts

  • This page summarizes Joshua D. Ellis's Form 4 filing for Snap One Holdings Corp..
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Jun 2024, 17:31.

Change

  • Previous filing in this sequence was filed on 24 May 2024.
  • Current net transaction value: -$1,010,608.

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.

SNPO transaction

Common Stock

Disposed to Issuer

Transaction value
$1,010,608
Shares
-94,010
Change %
-46%
Price
$10.75
Shares after
108,604
Date
14 Jun 2024
Ownership
Direct
Footnotes
F1, F2
SNPO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-108,604
Change %
-100%
Price
Shares after
0
Date
14 Jun 2024
Ownership
Direct
Footnotes
F1, F2, F3
SNPO transaction

Common Stock

Award

Transaction value
$0
Shares
+89,438
Change %
Price
$0.000000
Shares after
89,438
Date
14 Jun 2024
Ownership
Direct
Footnotes
F4
SNPO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-89,438
Change %
-100%
Price
Shares after
0
Date
14 Jun 2024
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Joshua D. Ellis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On June 14, 2024, Resideo Technologies, Inc. ("Resideo") acquired the Issuer pursuant to an Agreement and Plan of Merger, dated as of April 14, 2024 (the "Merger Agreement"), by and among the Issuer, Resideo and Pop Acquisition Inc., a Delaware corporation and a wholly owned subsidiary of Resideo ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Resideo. At the Effective Time (as defined in the Merger Agreement), each issued and outstanding share of Issuer common stock, par value $0.01 per share (the "Common Stock") (other than certain Excluded Shares (as defined in the Merger Agreement)) automatically converted into the right to receive $10.75 per share in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"). Any stock options held by the reporting person, if any, were cancelled in the Merger.

Footnote F2

Includes restricted stock previously subject to forfeiture upon a termination of the Reporting Person's employment.

Footnote F3

Represents unvested restricted stock units ("RSUs") which, in accordance with the Merger Agreement and in connection with the Merger were converted into RSUs of Resideo that will vest on the same time-based schedule as the prior awards.

Footnote F4

Represents unvested performance-based restricted stock units ("PSUs") which, in accordance with the Merger Agreement and in connection with the Merger, were deemed earned at target and converted into RSUs of Resideo which will vest on the same time-based schedule as the prior awards.

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