4//SEC Filing
PMFG, Inc. 4
Accession 0000899243-15-004463
CIK 0001422862operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 5:27 PM ET
Size
8.3 KB
Accession
0000899243-15-004463
Insider Transaction Report
Form 4
PMFG, Inc.PMFG
HANKS KENNETH R
Director
Transactions
- Disposition to Issuer
Common Stock
2015-09-03−37,135→ 0 total - Disposition to Issuer
Non Qualified Stock Option
2015-09-03−4,000→ 0 totalExercise: $5.95From: 2006-11-16Exp: 2016-11-16→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]The shares were cancelled upon consummation of Issuer's merger (the "Merger") with and into a wholly-owned subsidiary of CECO Environmental Corp. ("CECO"). Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 3, 2015, among Issuer, CECO, Top Gear Acquisition Inc., and Top Gear Acquisition II LLC, each issued and outstanding share of the Issuer's common stock was cancelled and converted into the right to receive either (a) 0.6456 shares of CECO common stock, plus cash (without interest) in lieu of any fraction share of CECO common stock that would otherwise be issued or (b) $6.85 in cash, without interest, for each share of Issuer common stock, depending on the consideration election made by the reporting person and subject to the proration procedures set forth in the Merger Agreement.
- [F2]These options were previously reported on November 26, 2007, as covering 2,000 shares at an exercise price of $11.90 per share, but were adjusted to reflect the reorganization of the Company that occurred on August 15, 2008, which had the same effect as a two-for-one stock split.
- [F3]Pursuant to the Merger Agreement, upon the completion of the Merger, each outstanding stock option became fully vested and automatically cancelled and converted into the right to receive the excess of $6.85 over the exercise price per share of Company common stock for each share of Company common stock issuable upon exercise of such stock option.
Documents
Issuer
PMFG, Inc.
CIK 0001422862
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001422862
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 5:27 PM ET
- Size
- 8.3 KB