Accession Number: | 0001209191-19-006483 |
Date: | 2019-02-01 |
Issuer: | SENDGRID, INC. (SEND) |
Original Submission Date: |
BALL FREDERICK
C/O SENDGRID, INC.
1801 CALIFORNIA STREET, SUITE 500
DENVER, CO 80202
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-02-01 | D | 5,651 | d | $0.00 | 0 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 5.48 | 2019-02-01 | deemed execution date | D | 30,000 (d) | 2018-04-04 | 2027-04-03 | common stock 30,000 | $5.48 | 0 | direct |
ID | footnote |
---|---|
f1 | disposed of pursuant to the agreement and plan of merger and reorganization dated as of october 15, 2018, as amended on december 13, 2018 (the "merger agreement", and the transactions contemplated therein, the "merger"), by and among the issuer, twilio inc. ("twilio") and topaz merger subsidiary, inc., whereby each share of issuer common stock was canceled in exchange for 0.485 of a share of twilio class a common stock, with fractional shares being paid in cash. |
f2 | at the effective time of the merger, the 5,651 restricted stock units (each an "rsu") held by the reporting person were cancelled and converted into a right to receive 2,740 fully-vested shares of twilio class a common stock. |
f3 | at the effective time of the merger, the vesting of all unvested shares subject to the grant fully accelerated. the option was cancelled and converted into a right to receive 12,973 shares of twilio class a common stock. |