4//SEC Filing
ESSIG MARK G 4
Accession 0000918160-20-000038
CIK 0000918160other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:35 PM ET
Size
5.7 KB
Accession
0000918160-20-000038
Insider Transaction Report
Form 4
ESSIG MARK G
Director
Transactions
- Disposition to Issuer
Common Stock
2020-03-13−202,455.531→ 0 total
Footnotes (2)
- [F1]Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated December 2, 2019 (the "Merger Agreement"), among the Issuer, Cleveland-Cliffs Inc. ("Cliffs") and Pepper Merger Sub Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Cliffs, and each share of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.400 (the "Exchange Ratio") of a common share of Cliffs, together with cash in lieu of any fractional Cliffs common shares. The closing price of a share of Common Stock on March 12, 2020 (the last trading day prior to the Merger) was $1.55, and the closing price of a Cliffs common share on the same date was $4.06.
- [F2]Includes 164,671.531 restricted stock units that, pursuant to the Merger Agreement, were converted into restricted stock units with respect to 65,868 Cliffs common shares.
Documents
Issuer
AK STEEL HOLDING CORP
CIK 0000918160
Entity typeother
Related Parties
1- filerCIK 0001216465
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 5:35 PM ET
- Size
- 5.7 KB