Home/Filings/4/0000882184-22-000136
4//SEC Filing

WEBB MAXIM C W 4

Accession 0000882184-22-000136

CIK 0000830122other

Filed

Jun 5, 8:00 PM ET

Accepted

Jun 6, 12:21 PM ET

Size

8.9 KB

Accession

0000882184-22-000136

Insider Transaction Report

Form 4
Period: 2022-05-25
WEBB MAXIM C W
Exec. VP, CFO & Treas.
Transactions
  • Disposition from Tender

    Common Stock

    2022-05-25$15.75/sh85,132$1,340,8290 total
  • Disposition to Issuer

    Stock Options (Right to Buy)

    2022-05-2595,2380 total
    Exercise: $14.51Exp: 2024-11-14Common Stock (95,238 underlying)
  • Disposition to Issuer

    Common Stock

    2022-05-25$15.75/sh40,875$643,7810 total
Footnotes (3)
  • [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.
  • [F3]In connection with the Merger Agreement, this stock option, which provided for vesting upon certain performance-based parameters, was cancelled without payment.

Issuer

VIDLER WATER RESOURCES, INC.

CIK 0000830122

Entity typeother

Related Parties

1
  • filerCIK 0001247871

Filing Metadata

Form type
4
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 12:21 PM ET
Size
8.9 KB