4//SEC Filing
WROE THOMAS JR 4
Accession 0000950103-23-016298
CIK 0000830524other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 7:14 PM ET
Size
7.4 KB
Accession
0000950103-23-016298
Insider Transaction Report
Form 4
CHASE CORPCCF
WROE THOMAS JR
Director
Transactions
- Disposition to Issuer
Chase Corporation Common Stock
2023-11-15−978→ 0 total - Disposition to Issuer
Chase Corporation Common Stock
2023-11-15−4,943→ 0 total(indirect: By Trust)
Footnotes (3)
- [F1]This Form 4 reports securities disposed of pursuant to the Agreement and Plan of Merger, dated as of July 21, 2023, by and among Chase Corporation (the "Issuer"), Formulations Parent Corporation ("Parent") and Formulations Merger Sub Corporation, a Delaware corporation and a direct, wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which, effective as of November 15, 2023 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly owned subsidiary of Parent (the "Merger"), and each issued and outstanding share of the Issuer's Common Stock (each, a "Share") was cancelled and converted into the right to receive $127.50 in cash (the "Per Share Consideration"), subject to any applicable withholding of taxes and without interest.
- [F2]In accordance with the Merger Agreement, all shares underlying the restricted stock awards granted to the Reporting Person vested as of the Effective Time and were cancelled and converted into the right to receive a cash payment, without interest, in an amount equal to the Per Share Consideration, subject to any applicable withholding of taxes.
- [F3]Represents Shares held by the Thomas Wroe, Jr. Trust.
Documents
Issuer
CHASE CORP
CIK 0000830524
Entity typeother
Related Parties
1- filerCIK 0001196894
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 7:14 PM ET
- Size
- 7.4 KB