Maggio William J. 4
4 · GP STRATEGIES CORP · Filed Oct 18, 2021
Insider Transaction Report
Form 4
Maggio William J.
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2021-10-14$20.85/sh−2,988$62,300→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
2021-10-14$20.85/sh−56,191$1,171,582→ 0 total
Footnotes (2)
- [F1]On July 15, 2021, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with Learning Technologies Group plc, a public limited company incorporated in England and Wales ("LTG"), Learning Technologies Acquisition Corporation, a Delaware corporation and direct wholly owned subsidiary of LTG ("US Holdco"), and Gravity Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of US Holdco ("Merger Sub"), pursuant to which each share of common stock of the Issuer was converted into the right to receive a cash payment equal to the per share merger consideration of $20.85.
- [F2]Represents 2,920 shares of common stock of the Issuer disposed of pursuant to the Merger Agreement, 9,435 Restricted Stock Units disposed of pursuant to the Merger Agreement and 43,836 Performance Stock Units disposed of pursuant to the Merger Agreement.