4//SEC Filing
Guy Henry L 4
Accession 0000095953-21-000110
CIK 0000095953other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 3:13 PM ET
Size
30.7 KB
Accession
0000095953-21-000110
Insider Transaction Report
Form 4
SYNALLOY CORPSYNL
Guy Henry L
Director
Transactions
- Award
Common Stock
2021-12-16$12.75/sh+18$230→ 154.904 total(indirect: By Children) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−11→ 0 total(indirect: By Children)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (11 underlying) - Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+10,118$129,005→ 157,863 total(indirect: Investment Advisor) - Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+889$11,335→ 7,889 total(indirect: By Modern Holdings Incorporated) - Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+5,837$74,422→ 59,935.072 total - Exercise/Conversion
Common Stock
2021-12-16−18→ 0 total(indirect: By Children)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (18 underlying) - Award
Common Stock
2021-12-16$12.75/sh+11$140→ 147.904 total(indirect: By Children) - Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+11$140→ 147.904 total(indirect: By Children) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−18→ 0 total(indirect: By Children)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (18 underlying) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−10,118→ 0 total(indirect: Investment Advisor)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (10,118 underlying) - Exercise/Conversion
Common Stock
2021-12-16$12.75/sh+18$230→ 154.904 total(indirect: By Children) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−5,837→ 0 totalExercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (5,837 underlying) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−889→ 0 total(indirect: By Modern Holdings Incorporated)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (889 underlying) - Exercise/Conversion
Subscription Rights (Right to Buy)
2021-12-16−11→ 0 total(indirect: By Children)Exercise: $12.75From: 2021-11-30Exp: 2021-12-16→ Common Stock (11 underlying)
Footnotes (3)
- [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.
- [F3]The Reporting Person is an advisor of Pittco Direct Investment I. Pittco Direct Investment I is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the Pittco Direct Investment I shares in which the Reporting Person has no pecuniary interest.
Documents
Issuer
SYNALLOY CORP
CIK 0000095953
Entity typeother
Related Parties
1- filerCIK 0001527731
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 3:13 PM ET
- Size
- 30.7 KB