Form 4 for GRPN Groupon, Inc.
Accepted 2023-08-23 00:00:00 ET · period of report 2023-08-21 · accession 0001922405-23-000005 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-08-23 | 2023-08-21 | GRPN | Senkypl Dusan | Interim CEO, Dir, 10%, See Footnote 1 | M - OptEx | $6.00 | +437.5K | 449.1K | +3,768% | +$2.62M |
| D | 2023-08-23 | 2023-08-21 | GRPN | Senkypl Dusan | Interim CEO, Dir, 10%, See Footnote 1 | M - OptEx | — | -437.5K | 3.06M | -12% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-08-21 | M | A | 437,500 | $6.00 | 449,112 | D | — | — | (F1) Mr. Senkypl may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of common stock, par value $0.0001 per share (the "Shares"). Mr. Senkypl is also a director and interim Chief Executive Officer of the Issuer. |
| 2 | Derivative | Nonqualified Stock Options (right to buy) | 2023-08-21 | M | D | 437,500 | — | 3,062,500 | D | $6.00 · — to 2026-03-30 | 437,500 Common Stock | (F4) In connection with Mr. Senkypl's appointment as Interim Chief Executive Officer, on March 30, 2023 (the "Grant Date"), the Issuer granted Mr. Senkypl nonqualified stock options (the "Stock Options") to purchase Shares at a per Share exercise price of $6.00 under the Issuer's 2011 Incentive Plan, as amended (the "Plan"). At the Issuer's 2023 annual meeting of stockholders, a majority vote of the Issuer's stockholders approved an amendment to the Plan (the "Plan Amendment"), pursuant to which the Stock Options will vest and may be exercised prior to the first anniversary of the Grant Date. (F5) 1/8 of the Stock Options vested on June 30, 2023 and the remainder will vest in substantially equal quarterly installments over the next 7 quarters. The Stock Options will expire 3 years from the Grant Date. |