Turjeman Lauri Joffe 4
4 · SEARS HOMETOWN & OUTLET STORES, INC. · Filed Oct 23, 2019
Insider Transaction Report
Form 4
Turjeman Lauri Joffe
SVP eCommerce, Marketing
Transactions
- Disposition to Issuer
Restricted Stock Units
2019-10-23$3.21/sh−38,223$122,696→ 0 totalExercise: $0.00→ Common Stock (38,223 underlying)
Footnotes (1)
- [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 unvested restricted stock unit was cancelled and converted into the right to receive $3.21 in cash.