TOWNSLEY J MICHAEL 4
4 · BOB EVANS FARMS INC · Filed Jan 17, 2018
Insider Transaction Report
Form 4
TOWNSLEY J MICHAEL
PRESIDENT FOOD PRODUCTS
Transactions
- Award
Common Stock $.01 Par Value
2018-01-12+3,707→ 3,707 total - Gift
Common Stock $.01 Par Value
2018-01-04$77.15/sh−1,000$77,150→ 67,816 total - Disposition to Issuer
Common Stock $.01 Par Value
2018-01-12$77.00/sh−67,816$5,221,832→ 0 total - Disposition to Issuer
Common Stock $.01 Par Value
2018-01-12$77.00/sh−3,707$285,439→ 0 total - Disposition to Issuer
Phantom Stock
2018-01-12−8,094.651→ 0 total→ Common Stock $.01 Par Value (8,094.651 underlying)
Footnotes (4)
- [F1]Represents gifts to charitable organizations.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of September 18, 2017 (the Merger Agreement), by and among Bob Evans Farms, Inc. (the Company), Post Holdings, Inc. (Post) and Haystack Corporation, a wholly-owned subsidiary of Post at the effective time of the merger, these shares of Company common stock were converted into the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $77.00.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger, each of these performance-based restricted stock units were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $77.00.
- [F4]Pursuant to the Merger Agreement, at the effective time of the merger, as a result of the Companys determination to cancel the Companys deferred compensation plans, each of these shares of phantom stock were cancelled in exchange for the right to receive a cash payment (without interest and subject to applicable withholding taxes) equal to the per share merger consideration of $77.00.