Vimeo director Adam Gross fully cashed out in $7.85 per-share deal
Rhea-AI Filing Summary
Vimeo, Inc. (VMEO) director Adam Gross reported the cash-out of his equity holdings in connection with the company’s merger with Bending Spoons US Inc. On November 24, 2025, a merger subsidiary of Bending Spoons US merged into Vimeo, making Vimeo a wholly owned subsidiary. At the effective time, 333,557.661 Vimeo common share equivalents held by Gross were disposed of, leaving him with 0 shares beneficially owned.
The total included 228,221 common shares, 66,666 restricted stock units and 38,670.660 deferred stock units. Under the merger terms, each common share was converted into the right to receive $7.85 in cash, and each RSU and deferred unit was converted into cash equal to its underlying share count multiplied by the same cash merger consideration.
Positive
- None.
Negative
- None.
Insights
Vimeo’s cash merger cashed out a director’s entire equity at $7.85 per share-equivalent.
The filing shows that Adam Gross, a director of Vimeo, Inc., had all of his equity-based interests converted to cash when Vimeo was acquired by Bending Spoons US Inc.. His position totaled 333,557.661 common share equivalents, combining 228,221 common shares, 66,666 restricted stock units, and 38,670.660 deferred stock units.
Under the merger agreement, effective on November 24, 2025, each common share was cancelled and converted into the right to receive $7.85 in cash. Each RSU and deferred stock unit was similarly converted into cash equal to its underlying share count times the same $7.85 merger consideration. After this transaction, Gross reported zero Vimeo shares beneficially owned, which aligns with Vimeo becoming a wholly owned subsidiary of the buyer.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 333,557.661 | $7.85 | $2.62M |
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 228,221 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), 66,666 shares of Common Stock underlying restricted stock units ("RSUs") held by the Reporting Person and 38,670.660 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.
FAQ
What did the Vimeo (VMEO) Form 4 filed for Adam Gross report?
The Form 4 reports that director Adam Gross disposed of all his Vimeo equity interests totaling 333,557.661 common share equivalents in connection with the company’s merger with Bending Spoons US Inc..
What types of Vimeo (VMEO) equity did Adam Gross hold before the merger?
Before the merger, his holdings consisted of 228,221 common shares, 66,666 restricted stock units and 38,670.660 deferred stock units credited under Vimeo’s 2021 Deferred Compensation Plan for non-employee directors.
How were Vimeo restricted stock units and deferred stock units treated in the merger?
At the effective time, each outstanding RSU and deferred stock unit was cancelled and converted into a cash payment equal to the underlying number of shares multiplied by the $7.85 cash merger consideration.
What transaction date is shown on the Vimeo (VMEO) Form 4 for Adam Gross?
The earliest transaction date reported on the Form 4 is November 24, 2025, which is also identified as the effective time of the merger.