Lewis Kevin 4
4 · Voltari Corp · Filed Sep 25, 2019
Insider Transaction Report
Form 4
Voltari CorpVLTC
Lewis Kevin
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.001
2019-09-24$0.86/sh−8,503$7,313→ 0 total
Footnotes (1)
- [F1]Represents common stock ("Common Shares") disposed of in connection with the merger of Voltari Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Starfire Holding Corporation ("Starfire"), with and into Voltari Corporation (the "Issuer"), with the Issuer continuing as the surviving entity after the merger (the "Merger"). The Merger was consummated on September 24, 2019, and, in connection therewith, all Common Shares (other than issued and outstanding Common Shares owned by (i) Starfire, Voltari Merger Sub LLC or any of their respective subsidiaries or affiliates other than the Issuer, (ii) the Issuer as treasury stock or any of its subsidiaries or (iii) stockholders that have perfected and not effectively withdrawn or lost their appraisal rights under Delaware law) were automatically converted into the right to receive the merger consideration. At the effective time of the Merger, each Common Share was automatically cancelled and ceased to exist.