Foster Paul L 4
4 · ANDEAVOR · Filed Oct 2, 2018
Insider Transaction Report
Form 4
ANDEAVORANDV
Foster Paul L
Director
Transactions
- Disposition to Issuer
Common Stock
2018-10-01−1,248,712→ 0 total - Disposition to Issuer
Common Stock
2018-10-01−5,716,367→ 0 total(indirect: By Partnership)
Footnotes (2)
- [F1]Includes 1,145 restricted stock units.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of April 29, 2018, by and among the Issuer, Marathon Petroleum Corporation ("MPC"), Mahi Inc. and Mahi LLC (as amended, the "Merger Agreement"), at the effective time, each outstanding share of the Issuer's common stock was cancelled and became exchangeable for, at the holder's election, either $152.27 in cash or 1.87 shares of MPC common stock, subject to an allocation and proration whereby the outstanding shares of Issuer's common stock would be exchanged for approximately $3.5 billion in cash with the balance of shares exchanged for MPC shares, and each restricted stock unit was accelerated and cancelled in exchange for $152.27 in cash.