UNS Energy Corp 4
4 · UNS Energy Corp · Filed Aug 19, 2014
Insider Transaction Report
Form 4
Marino Frank P
Vice President and Controller
Transactions
- Disposition to Issuer
Common Stock
2014-08-15$60.25/sh−230$13,858→ 0 total
Footnotes (1)
- [F1]On August 15, 2014, FortisUS Inc., a Delaware corporation, acquired the issuer pursuant to that certain merger agreement between issuer, FortisUS Inc., Color Acquisition Sub Inc., an Arizona corporation and wholly owned subsidiary of FortisUS Inc., and solely for purposes of Section 5.5(c) and 8.15, Fortis Inc., a corporation incorporated under the Corporations Act of Newfoundland and Labrador, dated as of December 11, 2013 (the "Merger"). At the effective time of the Merger, each outstanding share of the issuer's common stock was converted into the right to receive $60.25 in cash. In addition, derivative securities were canceled at the effective time of the Merger in exchange for a cash payment equal to $60.25 per share, payable without interest and less any required withholding taxes.