4//SEC Filing
RAMBO BARBARA L 4
Accession 0000912833-17-000044
CIK 0000912833other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 12:12 PM ET
Size
8.9 KB
Accession
0000912833-17-000044
Insider Transaction Report
Form 4
WEST MARINE INCWMAR
RAMBO BARBARA L
Director
Transactions
- Disposition to Issuer
Common Stock
2017-09-14$12.97/sh−41,988$544,584→ 0 total
Footnotes (3)
- [F1]Outstanding shares of common stock disposed of pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 29, 2017, by and among the Issuer, Rising Tide Parent, Inc., a Delaware corporation ("Parent"), and Rising Tide Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, effective September 14, 2017, Merger Sub was merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent.
- [F2]Includes 6,493 restricted stock units ("RSUs") that were accelerated and became fully-vested and then cancelled pursuant to the Merger Agreement in exchange for a cash payment equal to the product of (i) the total number of shares of the Issuer's common stock subject to the cancelled RSUs multiplied by (ii) $12.97.
- [F3]Outstanding shares disposed of pursuant to the Merger Agreement in exchange for $12.97 for each share of the Issuer's common stock held by the Reporting Person.
Issuer
WEST MARINE INC
CIK 0000912833
Entity typeother
Related Parties
1- filerCIK 0001221221
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 12:12 PM ET
- Size
- 8.9 KB