Mahlan Deirdre 4
4 · Duckhorn Portfolio, Inc. · Filed Dec 26, 2024
Insider Transaction Report
Form 4
Mahlan Deirdre
Director
Transactions
- Disposition to Issuer
Common Stock
2024-12-24$11.10/sh−10,000$111,000→ 0 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2024-12-24+177,095→ 177,095 total - Disposition to Issuer
Common Stock
2024-12-24$11.10/sh−613,830$6,813,513→ 0 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-12-24−177,095→ 0 totalExercise: $0.00From: 2024-12-24Exp: 2024-12-24→ Common Stock (177,095 underlying)
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated October 6, 2024, by and among the Issuer, Marlee Buyer, Inc. ("Parent") and Marlee Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger each issued and outstanding share of the Issuer's Common Stock, par value $0.01 per share owned by the Reporting Person was cancelled and converted into the right to receive $11.10 per share in cash without interest.