Rhinehart Mary K 4
4 · PLY GEM HOLDINGS INC · Filed Apr 12, 2018
Insider Transaction Report
Form 4
Rhinehart Mary K
Director
Transactions
- Disposition to Issuer
Common Stock
2018-04-12$21.64/sh−22,497$486,835→ 0 total - Disposition to Issuer
Common Stock
2018-04-12$21.64/sh−4,110$88,940→ 0 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of January 31, 2018 (the "Merger Agreement") by and among the Company, Pisces Midco, Inc., a Delaware corporation ("Parent") and Pisces Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), on April 12, 2018, Merger Sub 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 $0.01 per share, of the Company (each a "Share") was canceled and converted automatically into the right to receive $21.64 per share in cash without interest and less any applicable tax withholdings.
- [F2]Such Shares represent unvested restricted Shares of the Company (each a "Restricted Share").
- [F3]Pursuant to the Merger Agreement, each Restricted Share outstanding immediately prior to the consummation of the Merger will, automatically and without any required action on the part of the holder, vest and be canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $21.64 in cash.