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4//SEC Filing

QUALITY DISTRIBUTION INC 4

Accession 0000899243-15-003547

CIK 0000922863operating

Filed

Aug 18, 8:00 PM ET

Accepted

Aug 19, 12:44 PM ET

Size

5.7 KB

Accession

0000899243-15-003547

Insider Transaction Report

Form 4
Period: 2015-08-18
Transactions
  • Disposition to Issuer

    Common Stock

    2015-08-18$16.00/sh18,235$291,7600 total
Footnotes (2)
  • [F1]On August 18, 2015, Gruden Acquisition, Inc. ("Parent") acquired the issuer pursuant to the Agreement and Plan of Merger by and among issuer, Parent and Gruden Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub"), dated as of May 6, 2015 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger, each outstanding share of the issuer's common stock (including the shares of common stock relating to previously unvested restricted stock awards) was cancelled and converted into the right to receive $16.00 in cash (the "per share merger consideration"). The Merger is more fully described in the issuer's Proxy Statement filed with the SEC on July 16, 2015.
  • [F2]This amount includes (i) 10,852 shares of common stock held directly by Ms. Sandberg and (ii) 7,383 shares of common stock relating to unvested restricted stock that vested automatically upon the Merger.

Issuer

QUALITY DISTRIBUTION INC

CIK 0000922863

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000922863

Filing Metadata

Form type
4
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 12:44 PM ET
Size
5.7 KB