4//SEC Filing
ENZOR GARY 4
Accession 0000898770-22-000081
CIK 0000898770other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 11:07 AM ET
Size
8.3 KB
Accession
0000898770-22-000081
Insider Transaction Report
Form 4
ENZOR GARY
Director
Transactions
- Disposition from Tender
Common Stock
2022-08-22$8.75/sh−13,804$120,785→ 13,804 total - Disposition to Issuer
Common Stock
2022-08-23$8.75/sh−13,804$120,785→ 0 total
Footnotes (3)
- [F1]Amount of securities beneficially owned in the reported transaction includes issued and outstanding shares of common stock (the "Common Stock") of Sharps Compliance Corp. (the "Company") and issued and outstanding unvested restricted stock awards granted under the Sharps Compliance Corp. 2010 Stock Plan, as amended.
- [F2]On July 12, 2022, the Company entered into that certain Agreement and Plan of Merger (the "Merger Agreement"), by and among the Company, Raven Buyer, Inc., a Delaware corporation ("Parent"), and Raven Houston Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Raven Buyer, Inc. ("Purchaser"), pursuant to which, on July 25, 2022, Purchaser commenced a cash tender offer (the "Offer") to acquire all of the issued and outstanding shares of the Common Stock for a purchase price of $8.75 per share, net to the holders thereof in cash, without interest and subject to any required tax withholding.
- [F3]Due to a 1000 character limit, Footnote 3 is a continuation of Footnote 2. On August 22, 2022, Purchaser accepted all shares tendered in the Offer. On August 23, 2022, Purchaser merged with and into the Company (the "Merger") and the Company ceased to be a public company. Pursuant to the Merger Agreement, each share of Common Stock (including each restricted stock award, whether or not vested), that was outstanding immediately prior to the consummation of the Merger was automatically cancelled and, in exchange therefor, the holder is entitled to receive $8.75 per share, net to the holders thereof in cash, without interest and subject to any required tax withholding.
Documents
Issuer
SHARPS COMPLIANCE CORP
CIK 0000898770
Entity typeother
IncorporatedNV
Related Parties
1- filerCIK 0001227570
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 11:07 AM ET
- Size
- 8.3 KB