4//SEC Filing
Tam Aaron M 4
Accession 0000095953-21-000106
CIK 0000095953other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 3:02 PM ET
Size
7.9 KB
Accession
0000095953-21-000106
Insider Transaction Report
Form 4
SYNALLOY CORPSYNL
Tam Aaron M
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+441$5,623→ 13,211 total - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−441→ 0 totalExercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (441 underlying)
Footnotes (2)
- [F1]On November 30, 2021, the issuer commenced a rights offering pursuant to which the issuer distributed non transferable subscription rights (the "Subscription Rights") to holders of record of it common stock as of 5:00 p.m. New York Time, on November 29, 2021. Each eligible recordholder received on Subscription Right for each share of common stock held of record by such holder as of the record date. Each Subscription Right entitled its holder, subject to certain limitations and conditions, to purchase 0.083768 shares of common stock at a subscription price of $12.75 per whole share. Holders of Subscription Rights that exercised in full such basic subscription rights were entitled, subject to certain limitations and conditions, to oversubscribe for additional shares of common stock that remained unsubscribed for the rights offering. The rights offering expired on December 16, 2021 and the Company announced the results of the offering on December 17, 2021.
- [F2]Shares directly acquired by the reporting person as a result of their exercise of subscription rights and oversubscription privilege in connection with the issuer's rights offering.
Documents
Issuer
SYNALLOY CORP
CIK 0000095953
Entity typeother
Related Parties
1- filerCIK 0001883056
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 3:02 PM ET
- Size
- 7.9 KB