4//SEC Filing
Brown Marc Evan 4
Accession 0000899243-22-024304
CIK 0001724570other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 9:28 PM ET
Size
7.8 KB
Accession
0000899243-22-024304
Insider Transaction Report
Form 4
Brown Marc Evan
Director
Transactions
- Disposition to Issuer
Common Stock
2022-06-23$35.50/sh−6,652$236,146→ 0 total - Disposition to Issuer
Common Stock
2022-06-23$35.50/sh−11,719$416,025→ 0 total
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated April 11, 2022, by and among Knockout Parent Inc., Knockout Merger Sub Inc., the Issuer, and, for certain limited purposes set forth in the Merger Agreement, Kaseya Holdings Inc. and Kaseya Inc. (the "Merger Agreement"), each share of the Issuer's common stock ("Common Stock") was canceled and converted into the right to receive $35.50 per share in cash without interest, subject to required withholding taxes.
- [F2]Pursuant to the Merger Agreement, as of June 23, 2022 (the "Effective Time"), each restricted stock unit of the Issuer (an "RSU") that is unexpired, unexercised, outstanding and vested as of immediately prior to the Effective Time or that vested in accordance with its terms as a result of the consummation of the merger and other transactions contemplated by the Merger Agreement (a "Vested RSU") was canceled and converted into the right to receive an amount in cash equal to the product of (i) $35.50 and (ii) the total number of shares of Common Stock subject to such Vested RSUs as of immediately prior to the Effective Time.
- [F3]At the Effective Time, the 11,719 RSUs were canceled in exchange for a cash payment representing $35.50 for each outstanding RSU.
- [F4]At the Effective Time, the 6,652 RSUs were canceled in exchange for a cash payment representing $35.50 for each outstanding RSU.
Documents
Issuer
DATTO HOLDING CORP.
CIK 0001724570
Entity typeother
Related Parties
1- filerCIK 0001679724
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 9:28 PM ET
- Size
- 7.8 KB