0000950170-24-058318.txt : 20240513
0000950170-24-058318.hdr.sgml : 20240513
20240513105052
ACCESSION NUMBER: 0000950170-24-058318
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240513
FILED AS OF DATE: 20240513
DATE AS OF CHANGE: 20240513
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Price Michael Morgan
CENTRAL INDEX KEY: 0001939624
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39722
FILM NUMBER: 24937492
MAIL ADDRESS:
STREET 1: 1834 S. CHARLES ST.
CITY: BALTIMORE
STATE: MD
ZIP: 21230
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ZeroFox Holdings, Inc.
CENTRAL INDEX KEY: 0001823575
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0131
BUSINESS ADDRESS:
STREET 1: 1834 S. CHARLES ST.
CITY: BALTIMORE
STATE: MD
ZIP: 21230
BUSINESS PHONE: 1-855-936-9369
MAIL ADDRESS:
STREET 1: 1834 S. CHARLES ST.
CITY: BALTIMORE
STATE: MD
ZIP: 21230
FORMER COMPANY:
FORMER CONFORMED NAME: ZeroFox Holdings Inc.
DATE OF NAME CHANGE: 20220804
FORMER COMPANY:
FORMER CONFORMED NAME: L&F Acquisition Corp.
DATE OF NAME CHANGE: 20200903
4
1
ownership.xml
4
X0508
4
2024-05-13
true
0001823575
ZeroFox Holdings, Inc.
ZFOX
0001939624
Price Michael Morgan
C/O ZEROFOX HOLDINGS, INC.
1834 CHARLES STREET
BALTIMORE
MD
21230
false
true
false
false
Chief Technology Officer
false
Common Stock
2024-05-13
4
D
false
638526
D
0
D
Stock Option (right to buy)
0.35
2024-05-13
4
D
false
61549
D
2025-02-13
Common Stock
61549
0
D
Stock Option (right to buy)
0.60
2024-05-13
4
D
false
329218
D
2026-01-27
Common Stock
329218
0
D
Stock Option (right to buy)
0.98
2024-05-13
4
D
false
71569
D
2028-08-29
Common Stock
71569
0
D
Stock Option (right to buy)
0.98
2024-05-13
4
D
false
192645
D
2029-03-05
Common Stock
192645
0
D
Stock Option (right to buy)
1.23
2024-05-13
4
D
false
85883
D
2030-02-24
Common Stock
85883
0
D
Stock Option (right to buy)
2.24
2024-05-13
4
D
false
71569
D
2031-03-01
Common Stock
71569
0
D
Stock Option (right to buy)
8.25
2024-05-13
4
D
false
71569
D
2032-02-01
Common Stock
71569
0
D
Securities are disposed of pursuant to the Agreement and Plan of Merger, dated as of February 6, 2024, by and among the Issuer, ZI Intermediate II, Inc. ("Parent"), and HI Optimus Merger Sub, Inc., a wholly-owned subsidiary of Parent ("Merger Sub"). On May 13, 2024, Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent (the "Merger").
Consists of (i) 110,060 shares of common stock and (ii) 528,466 unvested restricted stock units ("RSUs").
At the effective time of the Merger, each then outstanding share of the Issuer's common stock was canceled and converted automatically into the right to receive an amount in cash equal to $1.14 per share without interest thereon and subject to any applicable withholding taxes.
At the effective time of the Merger, each then outstanding RSU held by the Reporting Person was canceled and converted automatically into the contingent right to receive an amount in cash equal to $1.14 per share without interest thereon and subject to any applicable withholding taxes. Such resulting amount will vest and become payable at the same time that the RSUs, from which such resulting amount was converted, would have vested pursuant to their terms and will otherwise remain subject to substantially the same terms and conditions as were applicable to such RSUs immediately prior to the effective time of the Merger.
At the effective time of the Merger, each then vested and outstanding option to purchase shares of common stock, was automatically deemed exercised on a cashless basis and exchanged for the right to receive an amount in cash, without interest and subject to applicable withholding taxes, equal to the product obtained by multiplying (x) the excess, if any, of (A) $1.14 over (B) the per-share exercise price for such vested option, by (y) the total number of shares of common stock underlying such vested option.
At the effective time of the Merger, each option to purchase shares of common stock, then vested or unvested, with an exercise price equal to or greater than $1.14 was canceled for no consideration.
/s/ Thomas P. FitzGerald as Attorney-in-Fact
2024-05-13