4//SEC Filing
STONEGATE MORTGAGE CORP 4
Accession 0000899243-17-014863
CIK 0001454389operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 6:26 PM ET
Size
5.6 KB
Accession
0000899243-17-014863
Insider Transaction Report
Form 4
SMITH JAMES V
COO and President
Transactions
- Disposition to Issuer
Common Stock
2017-05-31$8.00/sh−170,000$1,360,000→ 0 total
Footnotes (3)
- [F1]Includes 50,000 shares of Stonegate Mortgage Corporation ("Stonegate") common stock, par value $0.01 per share ("Stonegate Common Stock") and 120,000 restricted stock units (each, a "Stonegate RSU").
- [F2]Pursuant to the Agreement and Plan of Merger, dated January 26, 2017 (the "Merger Agreement"), among Stonegate, Home Point Financial Corporation and Longhorn Merger Sub, Inc., upon completion of the merger as contemplated by the Merger Agreement, each share of Stonegate Common Stock held by the reporting person was converted into the right to receive $8.00 in cash (the "Merger Consideration").
- [F3]Upon completion of the merger, each Stonegate RSU was converted into the right to receive an amount in cash equal to the product of (i) the number of shares of Stonegate Common Stock subject to such Stonegate RSU immediately prior to completion of the merger and (ii) the Merger Consideration, less applicable tax withholdings.
Documents
Issuer
STONEGATE MORTGAGE CORP
CIK 0001454389
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0001454389
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 6:26 PM ET
- Size
- 5.6 KB