X0306 4 2021-09-01 true 0001506439 SharpSpring, Inc. SHSP 0001259312 SAIT SUAAD H C/O SHARPSPRING, INC. 5001 CELEBRATION POINTE AVE, STE 410 GAINESVILLE FL 32608 false true President Common Stock 2021-09-01 4 D false 0 D 0 D Stock Option (Right to Buy) 16.50 2021-09-01 4 D false 125000 D 2031-05-01 Common Stock 125000 0 D Restricted Stock Units 2021-09-01 4 D false 125000 0 D Common Stock 125000 0 D Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") dated June 21, 2021, by and among the registrant, Constant Contact, Inc. ("Parent"), a Delaware corporation, and Groove Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("MergerSub"), as of the effective time of the merger of Merger Sub with and into the registrant (the "Merger"), these shares of the registrant's common stock were canceled and converted to the right to receive $17.10 in cash per share (the "Per Share Merger Consideration"). Pursuant to the Merger Agreement, each vested stock option was canceled, and the holder is entitled to receive a payment in cash, without interest, equal to the product of (i) the total number of shares subject to the canceled stock option and (ii) the excess, if any, of (A) the Per Share Merger Consideration over (B) the exercise price per share subject to the cancelled company stock option. Represents restricted stock units previously granted to the reporting person pursuant to the registrant's time-based restricted stock unit award program on May 1, 2021. /s/ Suaad Sait 2021-09-03