Bottomline Technologies (EPAY) director Gibson returned to the company 47,000 shares at $57.00

Insider transactions reported

Peter Gibson (director at Bottomline Technologies Inc., EPAY) reported that they returned to the company 47,000 shares at $57.00 on May 13, 2022. After these transactions the filing shows 0 shares held directly and 0 shares held indirectly (Gibson Family Trust).

Reporting person

Gibson Peter

Holdings before and after

• Common Stock: 45,000 to 0 direct
• Common Stock: 2,000 to 0 indirect, Gibson Family Trust

Footnotes from the filing

1. 1. On May 13, 2022, Project RB Merger Sub, Inc., a Delaware corporation ( Merger Sub ) and a wholly owned subsidiary of Bottomline Intermediate Holdings III, LLC (formerly known as Project RB Parent, LLC), a Delaware limited liability company ( Parent ), completed its merger (the Merger ) with and into Bottomline Technologies, Inc., a Delaware corporation (the Company ), pursuant to the terms of the Agreement and Plan of Merger, dated December 16, 2021, by and among Parent, Merger Sub and the Company. The Company was the surviving corporation in the Merger and, as a result, is now a wholly owned subsidiary of Parent. Parent and Merger Sub are affiliates of Thoma Bravo Fund XV, L.P., managed by Thoma Bravo, L.P. As of the effective time of the Merger, each share of common stock of the Company outstanding immediately prior to the effective time of the Merger was converted into the right to receive $57.00 in cash, subject to applicable withholding taxes.
2. 2. Represents shares held by Gibson Family Trust.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

FAQ