Form 4: Vimeo Director Sells Shares in $7.85/Share Merger

Vimeo Director Mo Koyfman reported the disposal of all his Vimeo shares and units at $7.85 per share following the company's merger into a wholly-owned subsidiary of Bending Spoons US Inc.

Summary

• Mo Koyfman, a Director of Vimeo, Inc., reported the disposal of all his beneficial ownership in Vimeo common stock and equity awards.
• The transaction occurred on November 24, 2025, as a result of the Agreement and Plan of Merger dated September 10, 2025.
• Vimeo, Inc. merged with Bloomberg Merger Sub Inc., a wholly-owned subsidiary of Bending Spoons US Inc., with Vimeo surviving as a wholly-owned subsidiary of Bending Spoons US Inc.
• At the effective time of the merger, each outstanding share of Vimeo Common Stock was cancelled and converted into the right to receive $7.85 in cash.
• Each outstanding Restricted Stock Unit (RSU) and Deferred Stock Unit (Share Unit) was also cancelled and converted into the right to receive an amount in cash equal to the number of shares underlying the unit multiplied by the $7.85 merger consideration.
• Mo Koyfman disposed of a total of 226,108.069 securities, comprising 95,480 common shares, 66,666 shares underlying RSUs, and 63,962.069 deferred stock units.
• Following the transaction, Mo Koyfman beneficially owns 0 shares of Vimeo, Inc.

Sentiment

Score: 7

Explanation: The sentiment is positive for shareholders receiving a cash payout at a defined price, indicating a successful exit for public investors. However, it marks the end of Vimeo as an independent public entity.

Positives

• Shareholders, including the reporting director, received a cash payment of $7.85 per share for their common stock, RSUs, and Share Units.
• The merger provides a clear exit strategy and liquidity for Vimeo shareholders.

Negatives

• Vimeo, Inc. is no longer an independent publicly traded company, becoming a wholly-owned subsidiary of Bending Spoons US Inc.
• Existing shares of Common Stock were cancelled, and shareholders no longer hold equity in Vimeo.

Future Outlook

Vimeo, Inc. is now a wholly-owned subsidiary of Bending Spoons US Inc., and as such, its future outlook will be integrated into its parent company's strategy. This filing does not provide specific forward-looking statements for the former public entity.

Industry Context

This acquisition signifies consolidation in the digital media and video technology sector, with a mobile app developer (Bending Spoons) acquiring a prominent video software company (Vimeo). This could indicate a strategic move by Bending Spoons to expand its offerings or integrate Vimeo's capabilities into its existing portfolio.

Stakeholder Impact

• Shareholders: Received $7.85 per share in cash, providing liquidity and a definitive return on investment.
• Employees (with equity awards): Those holding RSUs and Share Units also received cash payouts based on the merger consideration.

Key Dates

Keywords

Vimeo, VMEO, Merger, Acquisition, Bending Spoons, Form 4, Beneficial Ownership, Director Transaction, Cash Consideration, Equity Disposal