Vimeo Form 4: Director equity converted to cash at $7.85 in merger
Rhea-AI Filing Summary
Vimeo, Inc. (VMEO) director Adam Cahan reported the cash-out of his Vimeo equity in connection with the closing of a merger where Vimeo became a wholly owned subsidiary of Bending Spoons US Inc. On 11/24/2025, a total of 47,474.303 shares of Vimeo common stock and related equity units were disposed of at $7.85 per share, leaving him with no Vimeo common shares beneficially owned.
These holdings consisted of 44,444 shares underlying restricted stock units and 3,030.303 deferred stock units. Under the merger terms, each Vimeo common share was cancelled and converted into the right to receive $7.85 in cash, and each RSU and deferred stock unit was converted into a cash payment based on the same merger price.
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Insights
Form 4 shows Vimeo director equity fully cashed out at $7.85 in merger.
This Form 4 details how Adam Cahan's Vimeo equity was treated when Vimeo merged into a subsidiary of Bending Spoons US Inc. on 11/24/2025. A total of 47,474.303 common-share equivalents were disposed of at $7.85 per share, reducing his reported common stock ownership to zero.
The filing explains that each share of Vimeo common stock was cancelled and converted into a cash right of $7.85, and each RSU and deferred stock unit was similarly converted to cash using the same price. From an investor perspective, this Form 4 is primarily confirmational of the merger’s equity treatment for this director rather than a new, thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 47,474.303 | $7.85 | $373K |
Footnotes (1)
- This Form 4 reports securities transacted pursuant to the Agreement and Plan of Merger, dated as of September 10, 2025 (the "Merger Agreement"), by and among the Issuer, Bending Spoons US Inc. ("Bending Spoons US"), Bending Spoons S.p.A. and Bloomberg Merger Sub Inc., a wholly-owned subsidiary of Bending Spoons US ("Merger Sub"). On November 24, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Bending Spoons US. Consists of 44,444 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") underlying restricted stock units ("RSUs") held by the Reporting Person and 3,030.303 deferred stock units credited to the Reporting Person pursuant to the 2021 Vimeo, Inc. Deferred Compensation Plan for Non-Employee Directors ("Share Units"). Pursuant to the terms of the Merger Agreement, at the Effective Time, (i) each outstanding share of Common Stock was cancelled and automatically converted into the right to receive $7.85 in cash, without interest and subject to any applicable withholding or other taxes (the "Merger Consideration"), and (ii) each outstanding RSU (including each Share Unit), whether vested or unvested, was canceled and converted into the right to receive an amount in cash equal to (x) the total number of shares underlying such RSU or Share Unit, multiplied by (y) the Merger Consideration.
