4//SEC Filing
TYRER ROBERT S 4
Accession 0000354908-21-000105
CIK 0000354908other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 11:02 AM ET
Size
7.4 KB
Accession
0000354908-21-000105
Insider Transaction Report
Form 4
FLIR SYSTEMS INCFLIR
TYRER ROBERT S
Director
Transactions
- Disposition to Issuer
Common Stock
2021-05-14$28.00/sh−9,912$277,536→ 1,811 total - Disposition to Issuer
Common Stock
2021-05-14$56.00/sh−1,811$101,416→ 0 total
Footnotes (3)
- [F1]Includes dividends on vested restricted stock units.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of January 4, 2021 (the "Merger Agreement"), by and among Teledyne Technologies Incorporated ("Teledyne"), Firework Merger Sub I, Inc. ("Merger Sub I"), Firework Merger Sub II, LLC, and FLIR Systems, Inc. ("FLIR"), Merger Sub I was merged with and into FLIR on May 14, 2021, with FLIR surviving, and immediately thereafter Merger Sub II was merged with and into FLIR, with Merger Sub II surviving. In connection therewith, each share of FLIR common stock outstanding immediately prior to the effective time of the merger of Merger Sub I with and into FLIR (the "Effective Time") was converted into the right to receive (i) $28.00 in cash and (ii) 0.0718 shares of Teledyne common stock, with any fractional shares to be paid in cash. The amount shown above represents the gross cash payment, but the actual payment will be less any applicable withholding for taxes.
- [F3]Pursuant to the Merger Agreement, each FLIR restricted stock unit, including performance-based restricted stock units that were earned but subject to service-based vesting ("FLIR RSU") outstanding immediately prior to the Effective Time automatically vested and was cancelled and converted into the right to receive $56.00 in cash in respect of each share of FLIR common stock subject to such FLIR RSU.
Documents
Issuer
FLIR SYSTEMS INC
CIK 0000354908
Entity typeother
Related Parties
1- filerCIK 0001283701
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 11:02 AM ET
- Size
- 7.4 KB