Statement of Changes in Beneficial Ownership (4)
03 Agosto 2021 - 11:36AM
Edgar (US Regulatory)
FORM 4
[X]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Stauffer Chad C |
2. Issuer Name and Ticker or Trading Symbol
At Home Group Inc.
[
HOME
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Merchandising Officer |
(Last)
(First)
(Middle)
AT HOME GROUP INC., 1600 EAST PLANO PARKWAY |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/23/2021 |
(Street)
PLANO, TX 75074
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 7/23/2021 | | D | | 8808 | D | (1) | 5940 (2) | D | |
Common Stock | 7/23/2021 | | D | | 5940 (3) | D | $37 | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (Right to Buy) | $35.35 | 7/23/2021 | | D | | | 40098 | (4) | 5/30/2025 | Common Stock | 40098 | $1.65 (5) | 0 | D | |
Employee Stock Option (Right to Buy) | $17.83 | 7/23/2021 | | D | | | 21849 | (6) | 3/28/2026 | Common Stock | 21849 | $19.17 (5) | 0 | D | |
Employee Stock Option (Right to Buy) | $7.61 | 7/23/2021 | | D | | | 57838 | (7) | 6/7/2026 | Common Stock | 57838 | $29.39 (5) | 0 | D | |
Employee Stock Option (Right to Buy) | $8.95 | 7/23/2021 | | D | | | 11500 | (8) | 9/12/2026 | Common Stock | 11500 | $28.05 (5) | 0 | D | |
Employee Stock Option (Right to Buy) | $7.58 | 7/23/2021 | | D | | | 190000 | (9) | 6/22/2027 | Common Stock | 190000 | $29.42 (10) | 0 | D | |
Employee Stock Option (Right to Buy) | $27.28 | 7/23/2021 | | D | | | 24998 | (11) | 3/30/2028 | Common Stock | 24998 | $9.72 (10) | 0 | D | |
Explanation of Responses: |
(1) | Pursuant to a rollover agreement entered into between the reporting person and Ambience Parent, Inc. ("Parent") in connection with the effectuation of the transactions contemplated by the amended and restated merger agreement between the issuer, Parent, and Ambience Merger Sub, Inc. (the "Merger Agreement"), the reporting person exchanged these shares for shares of Parent having an equivalent value as of the effective date of the merger, based on a market value of the issuer shares on the effective date of $37 per share. |
(2) | This amount consists of shares deliverable upon vesting and settlement of restricted stock units. |
(3) | These restricted stock units were cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to the market value of the underlying issuer common stock on the effective date of the merger ($37 per share). |
(4) | This option was vested with respect to 25,356 shares and provided for vesting of the remainder of the option on May 30, 2022. |
(5) | This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option. |
(6) | This option was vested with respect to 14,566 shares and provided for vesting of the remainder of the option on March 28, 2022. |
(7) | This option was vested with respect to 28,919 shares and provided for vesting of the remainder of the option on June 7, 2022. |
(8) | This option provided for vesting on January 29, 2022. |
(9) | This option was vested with respect to 63,334 and provided for vesting of the remainder of the option in substantially equal annual installments on June 22, 2022 and June 22, 2023. |
(10) | The portion of this option that was vested or scheduled to vest on or before July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to, for each share subject to the option, the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the per share exercise price of the option. The portion of this option scheduled to vest after July 23, 2022 was cancelled pursuant to the Merger Agreement in exchange for a deferred cash payment (or, at the election of the reporting person, a grant of Parent restricted stock or restricted stock units having a grant date value) equal to the amount by which the market value of the underlying issuer common stock on the effective date of the merger ($37 per share) exceeded the exercise price of the option, subject to vesting on the same schedule as the cancelled option. |
(11) | This option provided for vesting in three substantially equal annual installments beginning on March 30, 2022. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Stauffer Chad C AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO, TX 75074 |
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| Chief Merchandising Officer |
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Signatures
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/s/ Mary Jane Broussard, Attorney-in-Fact for Chad C. Stauffer | | 8/3/2021 |
**Signature of Reporting Person | Date |
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