CHIQUITA BRANDS INTERNATIONAL INC 4
4 · CHIQUITA BRANDS INTERNATIONAL INC · Filed Jan 7, 2015
Insider Transaction Report
Form 4
Frier Rick
SVP & Chief Financial Officer
Transactions
- Disposition from Tender
Common Stock
2015-01-06$14.50/sh−111,293$1,613,749→ 0 total - Other
Common Stock
2015-01-06+136,492→ 189,358 total - Tax Payment
Common Stock
2015-01-06$14.49/sh−78,065$1,131,162→ 111,293 total
Footnotes (4)
- [F1]The transactions reported on this Form 4 relate to the vesting of awards at the acceptance time and the right to receive payment at the effective time pursuant to the Agreement and Plan of Merger, dated as of October 26, 2014, among Cavendish Global Limited, Cavendish Acquisition Corporation, the Issuer, Burlingtown UK Ltd. and Erichton Investments Ltd. (the "Merger Agreement").
- [F2]Shares vested at the acceptance time pursuant to the Merger Agreement for awards outstanding under the Issuer's Stock and Incentive Plan.
- [F3]Shares withheld to pay required taxes upon the vesting at the acceptance time of 136,492 shares.
- [F4]Shares disposed in a cash tender offer pursuant to the Merger Agreement. At the effective time of the merger, all shares converted into the right to receive, in cash and without interest, $14.50 per share.