Flournoy Michele Angelique 4
4 · CSRA Inc. · Filed Apr 3, 2018
Insider Transaction Report
Form 4
CSRA Inc.CSRA
Flournoy Michele Angelique
Director
Transactions
- Disposition to Issuer
Common Stock
2018-04-03−10,100→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-04-03−3,900→ 0 total→ Common Stock (3,900 underlying) - Disposition to Issuer
Restricted Stock Units
2018-04-03−5,000→ 0 total→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of February 9, 2018 (as amended, the "Merger Agreement"), between CSRA Inc. ("Company"), General Dynamics Corporation ("Parent") and Red Hawk Enterprises Corp. ("Merger Sub"), on April 3, 2018, Merger Sub was merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001 per share, of the Company (each, a "Share") was converted into the right to receive $41.25 in cash, net of applicable withholding taxes and without interest ("Merger Consideration").
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- [F3]Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the effective time of the Merger, became fully vested and canceled and converted into the right to receive, for each Share subject to such RSU, the Merger Consideration.