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4//SEC Filing

Ludwig Melissa 4

Accession 0000020629-20-000015

CIK 0000020629other

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 5:30 PM ET

Size

6.2 KB

Accession

0000020629-20-000015

Insider Transaction Report

Form 4
Period: 2020-03-03
Transactions
  • Disposition to Issuer

    Restricted Stock Units

    2020-03-038,8830 total
    Exercise: $0.00Common Stock ($.10 par value) (8,883 underlying)
Footnotes (1)
  • [F1]Pursuant to the terms of the agreement and plan of merger dated January 20, 2020 by and among CSS Industries, Inc., a Delaware corporation (the "Issuer"), TOM MERGER SUB INC., a Delaware corporation ("Merger Sub") and direct, wholly owned subsidiary of IG Design Group Americas, Inc., a Georgia corporation and wholly owned subsidiary of IG Design Group Plc, a public limited company incorporated and registered in England and Wales, on March 3, 2020, each outstanding restricted stock unit (each, an "Issuer RSU") became fully vested and was cancelled in exchange for a cash payment, without interest and less applicable tax withholding, equal to the product of (A) $9.40, multiplied by (B) the number of shares of the Issuer's common stock subject to such Issuer RSU immediately prior to the effective time of the merger of Merger Sub with and into the Issuer on March 3, 2020.

Issuer

CSS INDUSTRIES INC

CIK 0000020629

Entity typeother

Related Parties

1
  • filerCIK 0001766493

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:30 PM ET
Size
6.2 KB