0000899243-23-017890.txt : 20230809
0000899243-23-017890.hdr.sgml : 20230809
20230809163338
ACCESSION NUMBER:		0000899243-23-017890
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230809
FILED AS OF DATE:		20230809
DATE AS OF CHANGE:		20230809
REPORTING-OWNER:	
	OWNER DATA:	
		COMPANY CONFORMED NAME:			Crick Paul
		CENTRAL INDEX KEY:			0001988968
	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56464
		FILM NUMBER:		231155739
	MAIL ADDRESS:	
		STREET 1:		C/O LIMEADE, INC.
		STREET 2:		10885 NE 4TH STREET, SUITE 400
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98101
ISSUER:		
	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LIMEADE, INC
		CENTRAL INDEX KEY:			0001381507
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				061771116
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			1231
	BUSINESS ADDRESS:	
		STREET 1:		10885 NE 4TH STREET
		STREET 2:		SUITE 400
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98004
		BUSINESS PHONE:		888-830-9830
	MAIL ADDRESS:	
		STREET 1:		10885 NE 4TH STREET
		STREET 2:		SUITE 400
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98004
	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIMEADE INC
		DATE OF NAME CHANGE:	20070802
	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Jet City Jet Inc
		DATE OF NAME CHANGE:	20061117
4
1
doc4.xml
FORM 4 SUBMISSION
    X0508
    4
    2023-08-09
    1
    
        0001381507
        LIMEADE, INC
        NONE
    
    
        
            0001988968
            Crick Paul
        
        
            10885 NE 4TH STREET, SUITE 400
            
            BELLEVUE
            WA
            98004
            
        
        
            0
            1
            0
            0
            VP Finance & Controller
        
    
    0
    
        
            
                Common Stock
            
            
                2023-08-09
            
            
            
                4
                D
                0
                
            
            
                
            
            
                
                    298500
                    
                
                
                    
                    
                
                
                    D
                
            
            
                
                    0
                
            
            
                
                    D
                
            
        
        
            
                Common Stock
            
            
                2023-08-09
            
            
            
                4
                D
                0
                
            
            
                
            
            
                
                    422400
                    
                
                
                    
                    
                
                
                    D
                
            
            
                
                    0
                
            
            
                
                    D
                
            
        
    
    
        On August 9, 2023 (the "Closing Date"), WebMD Health Corp, a Delaware corporation ("Buyer"), acquired the Company pursuant to a certain Agreement and Plan of Merger entered into by and among the Company, Buyer and Lotus Merger Sub, Inc. a Washington corporation and wholly owned subsidiary of Buyer ("Merger Sub"), dated as of June 8, 2023 (the "Merger Agreement"). In accordance with the Merger Agreement, the Company merged with and into Merger Sub, with the Company surviving such merger as a wholly owned subsidiary of Buyer (the "Merger").  In accordance with the Merger Agreement, the Company merged with and into Merger Sub, with the Company surviving such merger as a wholly owned subsidiary of Buyer (the "Merger").  At the effective time of the Merger, each issued and outstanding share of the Company's common stock (other than certain excluded shares) automatically converted into the right to receive USD$0.284 in cash (the "Merger Consideration").
        A portion of this amount consists of restricted stock units with time-based vesting that were previously reported in Table I. At the effective time of the Merger 249,248 of these restricted stock units automatically converted into the right to receive an amount in cash equal to the Merger Consideration.
        This amount consists of an award of restricted stock units with time-based vesting that was not included on prior reports.  Each restricted stock unit was cancelled automatically at the effective time and converted into the contingent right to receive an amount in cash equal to the Merger Consideration, subject to the same terms and conditions as applied to the restricted stock units prior to the Merger.
    
    By virtue of the Merger Agreement, the reporting person has ceased being a Section 16 officer of the Company.
    
        /s/ Paul Crick
        2023-08-09