4//SEC Filing
Forson James H. 4
Accession 0000899243-18-014766
CIK 0001594617other
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 6:55 PM ET
Size
10.0 KB
Accession
0000899243-18-014766
Insider Transaction Report
Form 4
Forson James H.
See remarks
Transactions
- Disposition to Issuer
Common Stock
2018-05-30$16.80/sh−57,060$958,608→ 0 total - Award
Common Stock
2018-05-30+30,523→ 82,340 total - Disposition to Issuer
Common Stock
2018-05-30$16.80/sh−25,280$424,704→ 57,060 total
Footnotes (5)
- [F1]On May 30, 2018, Wyndham Worldwide Corporation, a Delaware corporation ("Buyer"), acquired the Issuer pursuant to that certain Agreement and Plan of Merger entered into by and among the Issuer, Buyer and WHG BB Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Buyer ("Merger Sub"), dated as of January 17, 2018 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving such merger as a wholly-owned subsidiary of Buyer (the "Merger").
- [F2]This amount reflects the number of securities after giving effect to the 1:2 reverse stock split (the "Reverse Stock Split") effective immediately prior to the effective time of the Merger (the "Effective Time").
- [F3]Immediately prior to the Effective Time, certain performance share units previously granted to the Reporting Person converted into restricted stock awards pursuant to the terms of the Merger Agreement.
- [F4]At the Effective Time, each outstanding share of the Issuer's common stock (other than certain excluded shares) automatically converted into the right to receive $16.80 in cash per share after giving effect to the Reverse Stock Split, without interest and after giving effect to any required withholding taxes (the "Merger Consideration").
- [F5]Reflects shares of restricted stock after giving effect to the Reverse Stock Split. Immediately prior to the Effective Time, each outstanding share of restricted stock automatically vested and was cancelled, and the holder received for each restricted share an amount in cash, less any applicable withholding taxes, equal to the product of (i) the number of restricted shares and (ii) the Merger Consideration.
Documents
Issuer
La Quinta Holdings Inc.
CIK 0001594617
Entity typeother
Related Parties
1- filerCIK 0001602130
Filing Metadata
- Form type
- 4
- Filed
- May 31, 8:00 PM ET
- Accepted
- Jun 1, 6:55 PM ET
- Size
- 10.0 KB