4//SEC Filing
STARRETT CORP /NY/ 4
Accession 0000950136-98-000037
CIK 0000093675operating
Filed
Jan 11, 7:00 PM ET
Accepted
—
Size
20.4 KB
Accession
0000950136-98-000037
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (3)
- [1]Pursuant to Instruction 5(b)(v), this Form 4 is filed jointly by all of the undersigned (collectively, the "Reporting Persons"), who may be deemed to be members of a "group" pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Startt Acquisition, LLC has been designated to make the filing of this Form 4. 2) Pursuant to an Agreement and Plan of Merger, dated as of October 16, 1997 (the "Merger Agreement"), by and between Startt Acquisition, Inc. ("Purchaser") and Starrett Corporation ("Issuer"), on December 11, 1997 Purchaser consummated the tender offer contemplated by the Merger Agreement and purchased the shares of common stock covered by this Form 4 (the "Shares").
- [3]Pursuant to the Merger Agreement, on December 30, 1997, Purchaser merged with and into Issuer in accordance with Section 905 of the New York Business Corporation Law (the "BCL"). In accordance with the terms of the Merger Agreement, on December 30, 1997 (i) all issued and outstanding Shares of common stock of Issuer not previously tendered to Purchaser were converted into the right to receive payment of $12.25 per share in cash, canceled and retired, (ii) each of the 100 issued and outstanding shares of capital stock of Purchaser was converted into one Share of Issuer, (iii) each Share of common stock held in the treasury of the Issuer was canceled and retired without any consideration therefore. In addition, on December 30, 1997, pursuant to Section 515 of the BCL, the Shares were canceled by action of the Board of Directors of Issuer. On December 31, 1997, Issuer filed with the Securities and Exchange Commission on Form 15 a Certification and Notice of Termination of Registration under Section 12(g) of the Exchange Act.
- [4]Purchaser claims direct beneficial ownership of the Shares. Each of the other Reporting Persons claim indirect beneficial ownership of the Shares through their affiliation with Purchaser. STARTT ACQUISITION, LLC BY: /s/ Jonathan L. Mayblum 12/31/97 ---------------------------------------- -------------------- Name: Jonathan L. Mayblum Date Title: President **
Documents
Issuer
STARRETT CORP /NY/
CIK 0000093675
Entity typeoperating
IncorporatedNY
Related Parties
1- filerCIK 0000093675
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Size
- 20.4 KB