July 7, 2026 · Form 4 insider transaction
MORFITT MARTHA A M sold 376,110 shares of Olaplex Holdings Inc, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
At the Effective Time, each option to purchase Shares granted under the Issuer's Company Equity Plans (each, a "Company Option") that was outstanding and unexercised immediately prior to the Effective Time (whether vested or unvested) was, by virtue of the Merger, automatically cancelled and converted into the right to receive (without interest) an amount in cash equal to the product of (x) the aggregate number of Shares underlying such Company Option, multiplied by (y) the excess, if any, of the Merger Consideration over the per Share exercise price of such Company Option; provided, however, that any Company Option that had a per Share exercise price that was equal to or greater than the Merger Consideration was cancelled for no consideration.; (Continued from footnote 3) The Reporting Person's Company Options had a per Share exercise price of $3.34, which exceeded the Merger Consideration of $2.06 per Share. Accordingly, all 376,110 of the Reporting Person's Company Options were cancelled for no consideration at the Effective Time.