Fehsenfeld Fred M Jr 4
4 · Heritage-Crystal Clean, Inc. · Filed Oct 17, 2023
Insider Transaction Report
Form 4
Fehsenfeld Fred M Jr
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2023-10-17$45.50/sh−419,126$19,070,233→ 0 total - Disposition to Issuer
Common Stock
2023-10-17$45.50/sh−30,550$1,390,025→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of July 19, 2023 (the "Merger Agreement"), by and among Issuer, JFL-Tiger Acquisition Co., Inc., a Delaware corporation ("Parent"), and JFL-Tiger Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent, each share of Issuer common stock, par value $0.01 per share, and each share of Issuer common stock underlying restricted stock units, was automatically cancelled and converted into the right to receive $45.50 in cash without interest, subject to applicable withholding taxes. Pursuant to the Merger Agreement, each Issuer restricted stock award became fully vested and was automatically cancelled and converted into the right to receive $45.50 in cash without interest, subject to applicable withholding taxes.
- [F2]The reported securities were directly held by trusts for the benefit of the Reporting Person's family.