4//SEC Filing
TRC COMPANIES INC /DE/ 4
Accession 0001104659-17-041190
CIK 0000103096operating
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 10:48 AM ET
Size
5.7 KB
Accession
0001104659-17-041190
Insider Transaction Report
Form 4
Welch Dennis E
Director
Transactions
- Disposition to Issuer
Common Stock
2017-06-21$17.55/sh−88,273$1,549,191→ 0 total
Footnotes (2)
- [F1]Represents 83,459 deferred stock awards held under the TRC Companies, Inc. (the "Company") Directors' Deferred Compensation Plan and 4,814 unvested restricted stock units ("RSUs") held prior to the June 21, 2017 effective time (the "Effective Time") of the Company's merger with Bolt Infrastructure Merger Sub, Inc., pursuant to which the Company became a wholly owned subsidiary of Bolt Infrastructure Parent, Inc.
- [F2]The shares underlying the deferred stock awards were issued as shares of the Company's common stock prior to the Effective Time. At the Effective Time, each share of the Company's common stock was cancelled and converted into the right to receive cash in an amount per share (subject to any applicable withholding tax) equal to $17.55, without interest (the "Merger Consideration"). The unvested RSUs vested immediately prior to the Effective Time and at the Effective Time were cancelled and converted into the right to receive an amount in cash equal to the product of (i) the total number of RSUs and (ii) the Merger Consideration.
Documents
Issuer
TRC COMPANIES INC /DE/
CIK 0000103096
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000103096
Filing Metadata
- Form type
- 4
- Filed
- Jun 22, 8:00 PM ET
- Accepted
- Jun 23, 10:48 AM ET
- Size
- 5.7 KB