Question
HI, I need breaking down this risk factor from the s4 form so i can have a better understanding please. Thank you in advanced. Postmates'
HI, I need breaking down this risk factor from the s4 form so i can have a better understanding please. Thank you in advanced.
Postmates' directors and executive officers have interests in the transaction that may be different from, or in addition to, the interests of Postmates stockholders generally.
Certain of the directors and executive officers of Postmates negotiated the terms of the merger agreement. Certain Postmates' directors and executive officers have interests in the transaction that may be different from, or in addition to, those of Postmates stockholders. These interests include, but are not limited to, the continued employment of certain executive officers of Postmates by Uber following the completion of the transaction, the treatment in the transaction of Postmates equity awards and the severance, indemnification and other rights, as applicable, of Postmates' directors and executive officers. Postmates' stockholders should be aware of these interests when they consider the recommendation of the Postmates board in favor of the adoption of the merger agreement and the Postmates certificate amendment.
The members of the Postmates board were aware of and considered these interests, among other matters, in evaluating the merger agreement and the transaction, and in making the Postmates board recommendation. The interests of Postmates' directors and executive officers are described in more detail in the section of this consent solicitation statement/prospectus entitled "Interests of Postmates' Directors and Executive Officers in the Transaction."
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