4//SEC Filing
Lindsay Douglas A 4
Accession 0001821393-24-000192
CIK 0001821393other
Filed
Oct 6, 8:00 PM ET
Accepted
Oct 7, 5:02 PM ET
Size
23.9 KB
Accession
0001821393-24-000192
Insider Transaction Report
Form 4
Lindsay Douglas A
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−63,609→ 0 totalExercise: $6.55Exp: 2026-02-01→ Common Stock, par value $0.50 per share (63,609 underlying) - Disposition to Issuer
Common Stock
2024-10-03−283,256→ 89,526 total - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−48,978→ 0 totalExercise: $7.86Exp: 2027-02-24→ Common Stock, par value $0.50 per share (48,978 underlying) - Disposition to Issuer
Common Stock
2024-10-03−89,526→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−78,447→ 0 totalExercise: $13.67Exp: 2028-03-02→ Common Stock, par value $0.50 per share (78,447 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−75,150→ 0 totalExercise: $21.45Exp: 2032-02-25→ Common Stock, par value $0.50 per share (75,150 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−84,466→ 0 totalExercise: $10.06Exp: 2030-03-06→ Common Stock, par value $0.50 per share (84,466 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−141,446→ 0 totalExercise: $12.00Exp: 2033-03-06→ Common Stock, par value $0.50 per share (141,446 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−60,184→ 0 totalExercise: $15.67Exp: 2029-02-21→ Common Stock, par value $0.50 per share (60,184 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2024-10-03−104,250→ 0 totalExercise: $21.76Exp: 2031-03-02→ Common Stock, par value $0.50 per share (104,250 underlying)
Footnotes (4)
- [F1]On June 16, 2024, The Aaron's Company, Inc., a Georgia corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with IQVentures Holdings, LLC, an Ohio limited liability company ("Parent" or "IQVentures"), and Polo Merger Sub, Inc., a newly formed Georgia corporation and a wholly owned subsidiary of Parent ("Merger Sub"). At the time the Merger became effective on October 3, 2024 (the "Effective Time"), each share of the Company's common stock ("Common Stock") issued and outstanding was converted automatically into the right to receive $10.10 in cash.
- [F2]At the Effective Time, each share subject to an unvested restricted stock award ("RSA") was modified to reflect an award of restricted cash in an amount equal to $10.10, which will remain subject to the vesting terms of the original RSAs.
- [F3]At the Effective Time, each stock option which had a per share exercise price less than $10.10 was cancelled and converted into the right to receive an amount in cash equal to (1) $10.10 minus the exercise price per share subject to such stock option multiplied by (2) the total number of shares of Common Stock subject to such stock option.
- [F4]At the Effective Time, each stock option which had a per share exercise price equal to or greater than $10.10 was cancelled for no consideration.
Documents
Issuer
Aaron's Company, Inc.
CIK 0001821393
Entity typeother
Related Parties
1- filerCIK 0001665964
Filing Metadata
- Form type
- 4
- Filed
- Oct 6, 8:00 PM ET
- Accepted
- Oct 7, 5:02 PM ET
- Size
- 23.9 KB