4//SEC Filing
McNulty Matthew C. 4
Accession 0000897069-23-001810
CIK 0001616741other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 2:33 PM ET
Size
16.1 KB
Accession
0000897069-23-001810
Insider Transaction Report
Form 4
McNulty Matthew C.
Vice President & CFO
Transactions
- Disposition to Issuer
Option to Buy
2023-12-21$16.26/sh−31,385$510,320→ 0 totalExercise: $6.80Exp: 2027-11-28→ Common Stock (31,385 underlying) - Disposition to Issuer
Option to Buy
2023-12-21$16.26/sh−27,555$448,044→ 0 totalExercise: $7.52Exp: 2028-11-28→ Common Stock (27,555 underlying) - Disposition to Issuer
Option to Buy
2023-12-21$16.26/sh−55,385$900,560→ 0 totalExercise: $6.89Exp: 2029-12-03→ Common Stock (55,385 underlying) - Disposition to Issuer
Option to Buy
2023-12-21$16.26/sh−36,535$594,059→ 0 totalExercise: $5.15Exp: 2030-12-01→ Common Stock (36,535 underlying) - Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−315$5,122→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Option to Buy
2023-12-21$16.26/sh−29,195$474,711→ 0 totalExercise: $7.33Exp: 2027-10-04→ Common Stock (29,195 underlying)
Footnotes (2)
- [F1]Pursuant to an Agreement and Plan of Merger, each share of common stock was converted into the right to receive $16.26 per share in cash (the "Merger Consideration"). Each outstanding stock option was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying such stock option and (ii) the excess of the (x) Merger Consideration over the (y) per-share exercise price of the stock option. Each outstanding SAR was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying each such SAR and (ii) the excess, if any, of (x) the Merger Consideration over (y) the per-share SAR Price.
- [F2]Each outstanding stock option was cancelled in exchange for the right to receive a cash payment of an amount equal to the product of (i) the total number of shares of common stock underlying such stock option and (ii) the excess of the (x) Merger Consideration over the (y) per-share exercise price of the stock option.
Documents
Issuer
PATRIOT TRANSPORTATION HOLDING, INC.
CIK 0001616741
Entity typeother
Related Parties
1- filerCIK 0001719139
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 2:33 PM ET
- Size
- 16.1 KB