Key facts
- This page summarizes Timothy Buckley's Form 4 filing for CHANNELADVISOR CORP.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Nov 2022, 16:06.
Timothy Buckley - 15 Nov 2022 Form 4 Insider Report for CHANNELADVISOR CORP
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 15 Nov 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 15 Nov 2022, 16:06:03 UTC
- Prior SEC filing
- 01 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian F. Leaf, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Timothy Buckley filed Form 4 for CHANNELADVISOR CORP on 15 Nov 2022.
Change
- Previous filing in this sequence was filed on 01 Mar 2022.
- 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
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.
ECOM
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -97,570
- Change %
- -92%
- Price
- Shares after
- 8,384
- Date
- 15 Nov 2022
- Ownership
- Direct
- Footnotes
- F1
ECOM
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -8,384
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Nov 2022
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ECOM
transaction
Derivative
Employee Stock Option (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -6,250
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 15 Nov 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,250
- Exercise price
- $8.80
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Timothy Buckley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
On November 15, 2022, the effective date (the "Effective Date") of the merger between the Issuer, CommerceHub, Inc., a Delaware corporation ("CommerceHub") and CH Merger Sub, Inc., a Delaware corporation ("CH Merger Sub") and a wholly owned subsidiary of CommerceHub pursuant to which CH Merger Sub merged with and into the Issuer with the Issuer continuing as the surviving corporation and a wholly owned subsidiary of CommerceHub (the "Merger"), each share of the Issuer's common stock was cancelled in exchange for $23.10 per share.
Footnote F2
The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
Footnote F3
On the Effective Date, pursuant to the Merger, these restricted stock units were cancelled in exchange for a cash payment equal to (A) the total number of shares of common stock underlying such restricted stock units, multiplied by (B) $23.10.
Footnote F4
This option vested in 4 equal quarterly installments from June 8, 2013 to March 8, 2014.
Footnote F5
On the Effective Date, pursuant to the Merger, each outstanding stock option was cancelled in exchange for the right to receive (i) with respect to the vested portion of such stock option, a cash payment equal to the product of (A) the total number of shares of common stock underlying the vested portion of the option, multiplied by (B) the excess, if any, of (1) $23.10 over (2) the per share exercise price for such option, less applicable tax withholdings, and (ii) with respect to the unvested portion of such stock option, the right to receive cash equal to the product of (A) the total no. of shares of common stock underlying the unvested portion of the option, multiplied by (B) the excess, if any, of (1) $23.10 over (2) the per share exercise price for such option, less applicable tax withholdings, which right to receive cash will vest in accordance with the vesting dates of the original option, subject to the reporting person's continued service with CommerceHub or its affiliates.