ELIZABETH ARDEN INC 4
4 · ELIZABETH ARDEN INC · Filed Sep 9, 2016
Insider Transaction Report
Form 4
SHIRLEY EDWARD D
Director
Transactions
- Disposition to Issuer
Common Stock, $.01 par value
2016-09-07−10,405→ 0 total
Footnotes (1)
- [F1]Includes 5,700 service-based restricted stock units ("SBRSU"). Pursuant to the Agreement and Plan of Merger dated June 16, 2016 (the "Merger Agreement") by and among the Issuer and Revlon, Inc., Revlon Consumer Products Corporation, and RR Transaction Corp., on September 7, 2016 (the "Closing Date") (i) each share of the Issuer's common stock, par value $.01 per share, held by the Reporting Person immediately prior to the Effective Time (as defined in the Merger Agreement), was converted into the right to receive $14.00 in cash per share, less any required withholding taxes; and (ii) each SBRSU held by the Reporting Person subject to vesting conditions became fully vested, was canceled, and was converted into the right to receive $14.00 in cash for each SBRSU, less any required withholding taxes.