Home/Filings/4/0000899243-22-032099
4//SEC Filing

Merrill Craig A 4

Accession 0000899243-22-032099

CIK 0001644440other

Filed

Sep 26, 8:00 PM ET

Accepted

Sep 27, 1:54 PM ET

Size

18.1 KB

Accession

0000899243-22-032099

Insider Transaction Report

Form 4
Period: 2022-09-27
Merrill Craig A
INTERIM CFO
Transactions
  • Award

    Common Stock

    2022-09-27+18,27018,270 total
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2022-09-27$14.96/sh3,401$50,8790 total
    Exercise: $17.04Exp: 2026-02-25Common Stock (3,401 underlying)
  • Disposition to Issuer

    Common Stock

    2022-09-27$32.00/sh18,270$584,6400 total
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2022-09-27$5.60/sh6,161$34,5020 total
    Exercise: $26.40Exp: 2027-02-27Common Stock (6,161 underlying)
  • Disposition to Issuer

    Common Stock

    2022-09-27$32.00/sh10,898$348,7369,497 total
  • Disposition to Issuer

    Common Stock

    2022-09-27$32.00/sh9,497$303,9040 total
  • Disposition to Issuer

    Employee Stock Options (rights to buy)

    2022-09-27$5.63/sh7,220$40,6490 total
    Exercise: $26.37Exp: 2029-02-21Common Stock (7,220 underlying)
Footnotes (7)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, by and among Cyclades Parent, Inc., Cyclades Merger Sub, Inc., GCP Applied Technologies Inc. (the "Issuer") and Compagnie de Saint-Gobain S.A., dated December 5, 2021 (the "Merger Agreement"), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the "Effective Time") of the merger (the "Merger") and converted into the right to receive a cash payment of $32.00 per share (the "Merger Consideration").
  • [F2]Disposed of pursuant to the Merger Agreement, whereby unvested restricted stock units ("Company RSUs") which were outstanding as of immediately prior to the Effective Time and subject solely to service-based vesting conditions fully vested, and each Company RSU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of the Merger Consideration (without interest).
  • [F3]Represents shares of Issuer common stock issued under Company performance based stock units ("Company PBUs") that became vested in connection with the Merger.
  • [F4]Disposed of pursuant to the Merger Agreement, whereby each Company PBU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of the Merger Consideration (without interest).
  • [F5]This option was canceled in the Merger in exchange for a cash payment of $152,651.84, representing the difference between the exercise price of the option and the Merger Consideration.
  • [F6]This option was canceled in the Merger in exchange for a cash payment of $34,501.60, representing the difference between the exercise price of the option and the Merger Consideration.
  • [F7]This option was canceled in the Merger in exchange for a cash payment of $40,648.60, representing the difference between the exercise price of the option and the Merger Consideration.

Issuer

GCP Applied Technologies Inc.

CIK 0001644440

Entity typeother

Related Parties

1
  • filerCIK 0001791767

Filing Metadata

Form type
4
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 1:54 PM ET
Size
18.1 KB