Timian-Palmer Dorothy Ann 4
4 · VIDLER WATER RESOURCES, INC. · Filed Jun 6, 2022
Insider Transaction Report
Form 4
Timian-Palmer Dorothy Ann
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2022-05-25$15.75/sh−49,960$786,870→ 0 total - Disposition from Tender
Common Stock
2022-05-25$15.75/sh−13,467$212,105→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated April 13, 2022, by and among D.R. Horton, Inc., Potable Merger Sub, Inc. and Vidler Water Resources, Inc. (the "Merger Agreement") in exchange for the market value of $15.75 per share on May 25, 2022, the effective date of the merger.
- [F2]In connection with the Merger Agreement, these restricted stock units, which are fully vested, were converted into a right of the holder to receive an amount in cash equal to the per share merger consideration of $15.75 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger.