4//SEC Filing
Bates Simon 4
Accession 0000950170-24-089436
CIK 0001524741other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 5:15 PM ET
Size
7.5 KB
Accession
0000950170-24-089436
Insider Transaction Report
Form 4
Bates Simon
Director
Transactions
- Disposition to Issuer
Common Stock
2024-07-31$15.50/sh−9,413$145,902→ 8,710 total - Disposition to Issuer
Common Stock
2024-07-31$15.50/sh−8,710$135,005→ 0 total
Footnotes (2)
- [F1]Represents shares of U.S. Silica Holdings, Inc. (the "Issuer") common stock, par value $0.01 per share (the "Shares"), disposed of in connection with the Agreement and Plan of Merger, dated as of April 26, 2024 (the "Merger Agreement"), by and among the Issuer, Star Holding LLC and Star Merger Co. In accordance with the Merger Agreement, at the effective time (the "Effective Time") of the merger contemplated thereby (the "Merger"), each Share held by the reporting person was converted into the right to receive $15.50 per share in cash (the "Merger Consideration"), without interest and subject to any required withholding taxes.
- [F2]In accordance with the Merger Agreement, at the Effective Time, each restricted stock unit award (excluding any performance share unit award) issued pursuant to the U.S. Silica Holdings, Inc. 2011 Incentive Compensation Plan, as amended and restated from time to time (the "Company Equity Plan") (each an "RSU"), that was outstanding as of immediately prior to the Effective Time vested in full and was cancelled in exchange for the right to receive an amount in cash, without interest, equal to the product of (x) the number of Shares subject to such RSU immediately prior to the Effective Time multiplied by (y) the Merger Consideration less (z) any applicable taxes required to be withheld with respect to such payment.
Documents
Issuer
U.S. SILICA HOLDINGS, INC.
CIK 0001524741
Entity typeother
Related Parties
1- filerCIK 0001654218
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 5:15 PM ET
- Size
- 7.5 KB