Hemmings Richard A 4
4 · Vericity, Inc. · Filed Jun 28, 2024
Insider Transaction Report
Form 4
Vericity, Inc.VERY
Hemmings Richard A
Director
Transactions
- Disposition to Issuer
Common Stock
2024-03-31$11.40/sh−193,500$2,205,900→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to a definitive Agreement and Plan of Merger, dated as of October 3, 2023, by and among Vericity, Inc. (the "Company"), iA American Holdings, Inc. ("iA"), Long Grove Acquisition Corp., a wholly owned subsidiary of iA ("Merger Sub"), and, solely for purposes of Section 6.03 and Article IX thereof, iA Financial Corporation, Inc., whereby Merger Sub will merge with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of iA. At the effective time of the Merger, each issued and outstanding share of the Company's common stock was automatically canceled and converted into the right to receive $11.43 in cash (less any required withholding taxes).
- [F2]Includes all shares held by the Reporting Person immediately prior to the Merger.