Emerald Holding executive equity paid out in merger
Emerald Holding, Inc. executive vice president Danielle Puceta reported automatic dispositions of equity tied to the company’s July 14, 2026 merger.
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Form Type
4
Rhea-AI Filing Summary
Emerald Holding, Inc. executive vice president Danielle Puceta reported automatic dispositions of equity tied to the company’s July 14, 2026 merger. 43,446 common shares, including time-based RSUs, were cancelled and converted into the right to receive $5.03 in cash per share. Stock options covering 80,000 and 21,666 shares with exercise prices of $3.81 and $3.70 were also cancelled and converted into cash based on the merger consideration formula, leaving no holdings reported for these securities.
Insider Trade Summary
Disposition: 145,112 shares
Disposition
3 txns
Insider
Puceta Danielle
Role
EVP, Content & Commerce
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (Right to Buy) F4 | 21,666 | -- | -- |
| Disposition | Stock Option (Right to Buy) F4 | 80,000 | -- | -- |
| Disposition | Common Stock F1, F2, F3 | 43,446 | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated May 9, 2026, by and among the Issuer, Emma Buyer, LLC, a Delaware limited liability company ("Parent"), and Emma Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent ("Merger Sub"), on July 14, 2026 (the "Effective Date"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly-owned subsidiary of Parent.
- F2. In connection with the Merger, these shares were cancelled and converted into the right to receive $5.03 in cash, without interest, per share, subject to the terms and conditions of the Merger Agreement (the "Merger Consideration").
- F3. Includes 43,446 restricted stock units ("RSUs") subject to time-based vesting requirements. Pursuant to the Merger Agreement, as of the Effective Time, these RSUs automatically became fully vested and were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the total number of shares of Common Stock subject to the RSUs multiplied by (ii) the Merger Consideration, without interest and subject to any applicable tax withholding.
- F4. Pursuant to the Merger Agreement, each stock option to acquire shares of common stock to the Issuer (a "Stock Option") with an exercise price per share less than $5.03, whether vested or unvested, that was outstanding and unexercised immediately prior to the Effective Time, automatically, as of the Effective Time, was fully vested and cancelled and converted into the right to receive an amount in cash equal to the product of (i) the excess of the Merger Consideration over the exercise price per share of common stock of such Stock Option, multiplied by (ii) the total number of shares subject to such Stock Option, subject to any applicable tax withholding. Pursuant to the Merger Agreement, each Stock Option with an exercise price per share of or greater than $5.03 was cancelled for no consideration.
Key Figures
Common shares cancelled: 43,446 shares
Merger consideration per share: $5.03 per share
Stock options cancelled (3.81 strike): 80,000 shares at $3.81
+2 more
5 metrics
Common shares cancelled
43,446 shares
Common stock, including time-based RSUs, cancelled and converted into cash at $5.03 per share in the merger
Merger consideration per share
$5.03 per share
Cash consideration for each Emerald Holding common share under the Agreement and Plan of Merger
Stock options cancelled (3.81 strike)
80,000 shares at $3.81
Options with a $3.81 exercise price cancelled and converted into cash based on excess over $5.03
Stock options cancelled (3.70 strike)
21,666 shares at $3.70
Options with a $3.70 exercise price cancelled and converted into cash based on excess over $5.03
Disposition transactions reported
3 transactions
One common stock and two stock option positions reported as dispositions to issuer on July 14, 2026
Key Terms
Agreement and Plan of Merger, Merger Consideration, restricted stock units ("RSUs"), Stock Option
4 terms
Agreement and Plan of Merger regulatory
"Pursuant to the Agreement and Plan of Merger, dated May 9, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Consideration financial
"the right to receive $5.03 in cash per share, the Merger Consideration"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
restricted stock units ("RSUs") financial
"Includes 43,446 restricted stock units ("RSUs") subject to time-based vesting"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option financial
"each stock option to acquire shares of common stock (a "Stock Option")"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Emerald Holding (EEX) report for Danielle Puceta?
Emerald Holding reported that EVP Danielle Puceta disposed of equity in connection with a merger. 43,446 common shares and stock options over 80,000 and 21,666 shares were cancelled and converted into cash rights under the merger agreement.
How many Emerald Holding (EEX) stock options held by Danielle Puceta were cancelled?
The filing shows cancellation of stock options for 80,000 shares at a $3.81 exercise price and 21,666 shares at a $3.70 exercise price. These options were converted into cash based on the excess of the $5.03 merger consideration over their exercise prices.
Why were Danielle Puceta’s Emerald Holding (EEX) equity awards cancelled?
Her equity awards were cancelled in connection with Emerald Holding’s merger with Emma Buyer, LLC. On July 14, 2026, the company became a wholly owned subsidiary of Parent, and the merger agreement required shares, RSUs and certain options to be cancelled and converted into cash rights.
How were Danielle Puceta’s RSUs in Emerald Holding (EEX) treated in the merger?
The filing notes 43,446 RSUs subject to time-based vesting became fully vested at the merger’s effective time. These RSUs were then cancelled and converted into cash equal to the number of underlying shares multiplied by the $5.03 merger consideration, less any required tax withholding.
Does Danielle Puceta retain the reported Emerald Holding (EEX) securities after the merger?
For the securities reported, post-transaction holdings are listed as 0 shares. Her 43,446 common shares and the two reported stock option positions were fully cancelled and converted into cash rights, so no remaining position in those specific awards appears in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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