4//SEC Filing
BAKER JOHN D II 4
Accession 0000897069-23-001823
CIK 0001616741other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 2:47 PM ET
Size
12.1 KB
Accession
0000897069-23-001823
Insider Transaction Report
Form 4
BAKER JOHN D II
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−167,848$2,729,208→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−371,158$6,035,029→ 0 total(indirect: See footnote) - Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−4,000$65,040→ 0 total - Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−1,263$20,536→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2023-12-21$16.26/sh−3,341$54,325→ 0 total(indirect: By IRA)
Footnotes (3)
- [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]The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- [F3]Shares are held by the Trust FBO John D. Baker II U/A Cynthia L. Baker Trust dated 4/30/1965, for which the Reporting Person serves as co-trustee, and of which the Reporting Person is the sole income beneficiary. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Documents
Issuer
PATRIOT TRANSPORTATION HOLDING, INC.
CIK 0001616741
Entity typeother
Related Parties
1- filerCIK 0001190089
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 2:47 PM ET
- Size
- 12.1 KB