BOULDER BRANDS, INC. 4
4 · BOULDER BRANDS, INC. · Filed Jan 15, 2016
Insider Transaction Report
Form 4
McInerney Thomas K
Director
Transactions
- Disposition from Tender
Common Stock
2016-01-15$11.00/sh−58,250$640,750→ 25,000 total - Disposition to Issuer
Common Stock
2016-01-15$11.00/sh−25,000$275,000→ 0 total
Footnotes (2)
- [F1]On January 15, 2016, Pinnacle Foods, Inc., a Delaware corporation ("Pinnacle"), acquired the issuer pursuant to the Agreement and Plan of Merger, dated November 24, 2015, by and among Slope Acquisition Inc., a Delaware corporation ("Purchaser"), Pinnacle and the issuer (the "Merger Agreement"). In accordance with the Merger Agreement, Purchaser was merged with and into the issuer (the "Merger"), with the issuer surviving the Merger as a wholly owned subsidiary of Pinnacle. Under the Merger Agreement, 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 units) was cancelled and converted into the right to receive $11.00 in cash.
- [F2]This amount reflects shares of common stock relating to previously unvested restricted stock units that were cancelled as described above.