Key facts
- This page summarizes Jane Chwick's Form 4 filing for Thoughtworks Holding, Inc..
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 15 Nov 2024, 17:20.
Jane Chwick - 13 Nov 2024 Form 4 Insider Report for Thoughtworks Holding, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 13 Nov 2024
- Net transaction value
- -$659,265
- SEC form
- 4
- Accepted by SEC
- 15 Nov 2024, 17:20:10 UTC
- Prior SEC filing
- 07 Jun 2024
- Next SEC filing
- 03 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Christine McKillip Attorney-in-Fact for Reporting Person
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jane Chwick filed Form 4 for Thoughtworks Holding, Inc. on 15 Nov 2024.
Change
- Previous filing in this sequence was filed on 07 Jun 2024.
- Current net transaction value: -$659,265.
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.
TWKS
transaction
Common Stock, $0.001 par value ("Common Stock")
Disposed to Issuer
- Transaction value
- $659,265
- Shares
- -149,833
- Change %
- -100%
- Price
- $4.40
- Shares after
- 0
- Date
- 13 Nov 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TWKS
transaction
Derivative
Options to purchase Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -25,339
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 13 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 25,339
- Exercise price
- $2.11
- Footnotes
- F2
TWKS
transaction
Derivative
Options to purchase Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -32,685
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 13 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 32,685
- Exercise price
- $1.92
- 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
Jane Chwick 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
On November 13, 2024 (the "Effective Time"), Thoughtworks Holding, Inc. (the "Company") completed its merger (the "Merger") with Tasmania Merger Sub, Inc. ("Merger Sub"), a wholly owned subsidiary of Tasmania Midco, LLC ("Parent"). Pursuant to the terms and subject to the conditions of the Agreement and Plan of Merger, dated as of August 5, 2024, by and among the Company, Parent and Merger Sub (the "Merger Agreement"), at the Effective Time, each of the reporting person's shares of Common Stock issued and outstanding immediately prior to the Effective Time were automatically canceled and converted into the right to receive $4.40 per share in cash, without interest thereon, and less any applicable tax withholdings.
Footnote F2
This stock option was fully vested immediately prior to the Effective Time. Pursuant to the Merger Agreement, at the Effective Time, each of the reporting person's options to purchase shares of Common Stock (a "Company Option") that were vested, outstanding and unexercised immediately prior to the Effective Time (a "Vested Company Option") were cancelled, with the reporting person becoming entitled to receive an amount in cash, less any applicable tax withholdings, equal to (a) the excess of $4.40 over the per share exercise price of such Vested Company Option, multiplied by (b) the number of shares Common Stock underlying such Vested Company Option immediately prior to the Effective Time.