OUTERWALL INC 4
4 · OUTERWALL INC · Filed Sep 27, 2016
Insider Transaction Report
Form 4
OUTERWALL INCOUTR
PRUSCH ERIK
DirectorChief Executive Officer
Transactions
- Disposition from Tender
Common Stock
2016-09-27$52.00/sh−182,655$9,498,060→ 0 total - Award
Common Stock
2016-09-27+91,595→ 182,655 total
Footnotes (2)
- [F1]These shares were granted pursuant to performance-based restricted stock awards deemed earned at target pursuant to the terms of the Agreement and Plan of Merger, dated July 24, 2016, by and among Outerwall Inc. ("Issuer"), Aspen Parent, Inc., Aspen Merger Sub, Inc., Redwood Merger Sub, Inc. and Redbox Automated Retail, LLC (the "Merger Agreement").
- [F2]Pursuant the Merger Agreement, each outstanding share of common stock of Issuer at the Effective Time (as defined in the Merger Agreement) was converted into the right to receive $52.00 per share, in cash, without interest.