HANSEN CHARLES 4
4 · SEARS HOMETOWN & OUTLET STORES, INC. · Filed Oct 23, 2019
Insider Transaction Report
Form 4
HANSEN CHARLES
VP, Gen Counsel and Secretary
Transactions
- Disposition to Issuer
Restricted Stock Units
2019-10-23$3.21/sh−43,726$140,360→ 0 totalExercise: $0.00→ Common Stock (43,726 underlying) - Disposition to Issuer
Common Stock
2019-10-23$3.21/sh−8,000$25,680→ 0 total
Footnotes (2)
- [F1]Disposed of as a result of the merger (the "Merger") pursuant to the previously announced Agreement and Plan of Merger, dated as of June 1, 2019, among the issuer, Transform Holdco LLC, a Delaware limited liability company, and Transform Merger Corporation, a Delaware corporation (the "Merger Agreement"). At the effective time of the Merger pursuant to the Merger Agreement, each outstanding share of common stock of the issuer was cancelled and converted automatically into the right to receive $3.21 in cash.
- [F2]Disposed of as a result of the Merger. At the effective time of the Merger pursuant to the Merger Agreement, each unvested restricted stock unit was cancelled and converted into the right to receive $3.21 in cash.