0000950170-24-008415.txt : 20240129
0000950170-24-008415.hdr.sgml : 20240129
20240129173045
ACCESSION NUMBER: 0000950170-24-008415
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240126
FILED AS OF DATE: 20240129
DATE AS OF CHANGE: 20240129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bennett Robert Paul
CENTRAL INDEX KEY: 0001881869
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40835
FILM NUMBER: 24575074
MAIL ADDRESS:
STREET 1: C/O ENGAGESMART, LLC
STREET 2: 30 BRAINTREE HILL OFFICE PARK, SUITE 101
CITY: BRAINTREE
STATE: MA
ZIP: 02184
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EngageSmart, Inc.
CENTRAL INDEX KEY: 0001863105
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 30 BRAINTREE HILL OFFICE PARK
STREET 2: SUITE 101
CITY: BRAINTREE
STATE: MA
ZIP: 02184
BUSINESS PHONE: (781) 848-3733
MAIL ADDRESS:
STREET 1: 30 BRAINTREE HILL OFFICE PARK
STREET 2: SUITE 101
CITY: BRAINTREE
STATE: MA
ZIP: 02184
FORMER COMPANY:
FORMER CONFORMED NAME: EngageSmart, LLC
DATE OF NAME CHANGE: 20210519
4
1
ownership.xml
4
X0508
4
2024-01-26
true
0001863105
EngageSmart, Inc.
ESMT
0001881869
Bennett Robert Paul
C/O ENGAGESMART, INC.
30 BRAINTREE HILL OFFICE PARK, SUITE 101
BRAINTREE
MA
02184
true
true
false
false
Chief Executive Officer
false
Common Stock
2024-01-26
4
D
false
859710
23.00
D
0
D
Common Stock
2024-01-26
4
D
false
809877
23.00
D
0
I
The Robert P. Bennett 2020 Grantor Retained Annuity Trust
Common Stock
2024-01-26
4
D
false
1332000
23.00
D
0
I
The Bennett Family 2020 Trust
Restricted Stock Units
2024-01-26
4
D
false
249352
D
Common Stock
249352
0
D
Option to Purchase Common Stock
5.67
2024-01-26
4
D
false
427911
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Common Stock
427911
0
D
This Form 4 reports securities disposed of under the Agreement and Plan of Merger (the "Merger Agreement"), dated October 23, 2023, among EngageSmart, Inc. (the "Company"), Icefall Parent, Inc. ("Parent"), and Icefall Merger Sub, LLC ("Merger Sub"), under which Merger Sub was merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of common stock of the Company ("Shares") was cancelled and converted into the right to receive $23.00 in cash (the "Per Share Price") without interest thereon.
Each Company restricted stock unit ("Company RSUs") represented a contingent right to receive one Share upon vesting of the Company RSU.
Under the Merger Agreement, at the Effective Time, each Company RSU reported in this Form 4 was cancelled and converted into the contingent right to receive from Parent or the Company a converted cash award (a "Converted Cash Award") with respect to an aggregate amount in cash equal in value to (A) the total number of Shares subject to such Company RSU immediately prior to the Effective Time multiplied by (B) the Per Share Price, which Converted Cash Award will remain subject to the same vesting terms and conditions of the corresponding Company RSU.
Under the Merger Agreement, at the Effective Time, each option to purchase Shares (a "Company Option") that was reported in this Form 4 was cancelled and converted into the right to receive an amount (without interest) in cash equal in value to (A) the total number of Shares subject to such Company Option multiplied by (B) the excess, if any, of the Per Share Price over the exercise price per Share underlying such Company Option.
/s/ Scott Semel, Attorney-in-Fact for Robert P. Bennett
2024-01-29