ELLIOTT ASSOCIATES, L.P. 4
4 · Pressburg, LLC · Filed Dec 13, 2019
Insider Transaction Report
Form 4
Pressburg, LLCROAN
ELLIOTT ASSOCIATES, L.P.
10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.001 per share
2019-12-06−5,225,017→ 0 total(indirect: See footnotes)
Footnotes (3)
- [F1]The Issuer, Citizen Energy Operating, LLC ("Citizen") and Citizen Energy Pressburg Inc., a subsidiary of Citizen ("Merger Sub"), are parties to that certain Agreement and Plan of Merger, dated October 1, 2019 (the "Merger Agreement"), pursuant to which, among other things, on December 6, 2019, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly-owned subsidiary of Citizen. At the effective time of the Merger, each outstanding share of Class A common stock, $0.001 par value per share, of the Issuer was cancelled and converted into a right to receive $1.52 in cash.
- [F2]This Form 4 is filed by Elliott Associates, L.P. (the "Reporting Person"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
- [F3]Securities were owned by The Liverpool Limited Partnership, a Bermuda limited partnership and a wholly-owned subsidiary of the Reporting Person.