4//SEC Filing
Jones Randall D. 4
Accession 0000899243-23-011585
CIK 0001801754other
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 4:07 PM ET
Size
6.0 KB
Accession
0000899243-23-011585
Insider Transaction Report
Form 4
Jones Randall D.
Director
Transactions
- Disposition to Issuer
Common Stock
2023-04-21$6.15/sh−141,064$867,544→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of December 15, 2022 (the "Merger Agreement"), by and among Treadstone Parent Inc., a Delaware corporation ("Parent"), Treadstone Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Parent, and Trean Insurance Group, Inc. (the "Company"), each share of common stock, par value $0.01 per share, of the Company ("Company Common Stock") was converted into the right to receive a cash payment (without interest and subject to any applicable taxes) equal to the per share merger consideration of $6.15. As a result of the Merger, the Reporting Person no longer beneficially owns, directly or indirectly, any shares of Company Common Stock.
- [F2]Includes 3,720 shares in respect of restricted stock units. In accordance with the terms of the Merger Agreement, each restricted stock unit award that was outstanding as of immediately prior to the effective time of the merger automatically became fully vested, was cancelled, and was converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (i) the number of shares of Company Common Stock underlying such restricted stock unit award as of immediately prior to the effective time of the merger, and (ii) the per share merger consideration of $6.15.
Documents
Issuer
Trean Insurance Group, Inc.
CIK 0001801754
Entity typeother
Related Parties
1- filerCIK 0001816247
Filing Metadata
- Form type
- 4
- Filed
- Apr 23, 8:00 PM ET
- Accepted
- Apr 24, 4:07 PM ET
- Size
- 6.0 KB