Vimeo executive’s 668,883 shares and RSUs paid out in $7.85 merger
Rhea-AI Filing Summary
Vimeo, Inc. (VMEO) completed a cash merger with Bending Spoons US Inc. on 11/24/2025, in which Bloomberg Merger Sub Inc. was merged into Vimeo, making Vimeo a wholly owned subsidiary of Bending Spoons US.
In this transaction, each outstanding share of Vimeo common stock was cancelled and converted into the right to receive $7.85 in cash, subject to taxes. The reporting person, Vimeo’s Chief Product & Tech Officer, held 188,883 common shares and 480,000 shares underlying restricted stock units, all of which were cancelled and converted into cash based on the $7.85 per-share merger consideration, leaving them with 0 Vimeo shares after the deal.
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Insights
Vimeo’s cash merger closes, cashing out an executive’s stock at $7.85 per share.
The content shows that Vimeo, Inc. has been acquired in a cash merger by entities affiliated with Bending Spoons US Inc., with Vimeo becoming a wholly owned subsidiary. Each share of common stock was converted into the right to receive $7.85 in cash, which is the core economic term for shareholders referenced here.
The reporting person, Vimeo’s Chief Product & Tech Officer, disposed of 668,883 equity-based interests in total, consisting of 188,883 common shares and 480,000 shares underlying RSUs. All of these were cancelled and converted into cash at the merger price, reducing their beneficial ownership to zero and indicating no ongoing equity stake post-transaction.
The treatment of RSUs is fully cash-based: each RSU, vested or unvested, was converted into cash equal to the number of underlying shares multiplied by the $7.85 merger consideration. This means unvested awards did not remain outstanding with the buyer; instead, they were settled at closing, aligning executive equity incentives with the merger payout on November 24, 2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 668,883 | $7.85 | $5.25M |
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 188,883 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") and 480,000 shares of Common Stock underlying restricted stock units ("RSUs") held by the Reporting Person. 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, 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, multiplied by (y) the Merger Consideration.