Nathan Gooden - 17 Oct 2024 Form 4 Insider Report for Squarespace, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Oct 2024, 17:19:31 UTC
Prior SEC filing
16 Oct 2024
Next SEC filing
19 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jessica Krasner, as Attorney-in-Fact

Key filing fact

Nathan Gooden filed Form 4 for Squarespace, Inc. on 17 Oct 2024.

Key facts

  • This page summarizes Nathan Gooden's Form 4 filing for Squarespace, Inc..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Oct 2024, 17:19.

Change

  • Previous filing in this sequence was filed on 16 Oct 2024.
  • Current net transaction value: $0.

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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SQSP transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-404,557
Change %
-100%
Price
Shares after
0
Date
17 Oct 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
404,557
Exercise price
$0.000000
Footnotes
F1
SQSP transaction Derivative

Performance Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-159,714
Change %
-100%
Price
Shares after
0
Date
17 Oct 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
159,714
Exercise price
$0.000000
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Amended and Restated Agreement and Plan of Merger (the "Merger Agreement"), dated as of September 9, 2024, by and among the Issuer, Spaceship Purchaser, Inc. ("Parent") and Spaceship Group MergerCo Inc., a wholly owned subsidiary of Parent, immediately prior to the effective time of the Merger (as defined in the Merger Agreement), each Issuer restricted stock unit ("RSU") award held by an employee of the Issuer then outstanding and not vested was cancelled and converted into the opportunity to be paid an amount in cash ("Parent RSU Cash Award") equal to the product of (i) $46.50 per share, without interest (the "Per Share Price") multiplied by (ii) the number of shares of Class A Common Stock of the Issuer subject to such RSU award. Each Parent RSU Cash Award remains subject to the same vesting terms and conditions that applied to the associated Issuer RSU award immediately prior to the effective time of the Merger.

Footnote F2

Pursuant to the Merger Agreement, immediately prior to the effective time of the Merger, each Issuer performance restricted stock unit ("PSU") award held by an employee of the Issuer then outstanding and not vested was cancelled and converted into the opportunity to be paid an amount in cash ("Parent PSU Cash Award") equal to the product of (i) the Per Share Price multiplied by (ii) the number of shares of Class A Common Stock subject to such PSU award (with the number of shares of Class A Common Stock subject to Issuer PSU awards determined in accordance with the applicable award agreement prior to the consummation of the Merger). Each Parent PSU Cash Award remains subject to the same vesting terms and conditions that applied to the associated Issuer PSU award immediately prior to the effective time of the Merger.

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