4//SEC Filing
Busch Nicolas 4
Accession 0001104659-18-039855
CIK 0001443799other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 4:06 PM ET
Size
9.2 KB
Accession
0001104659-18-039855
Insider Transaction Report
Form 4
Busch Nicolas
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-06-12−11,214→ 0 total→ Common Stock (11,214 underlying) - Disposition to Issuer
Common Stock
2018-06-12−9,584→ 0 total
Footnotes (4)
- [F1]The Reporting Person is a director and minority beneficial owner of Navig8 Limited. This Form 4 excludes 3,590,294 shares of GNRT common stock indirectly owned by Navig8 Limited. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Euronav NV, a Belgian corporation ("Euronav"), Euronav MI Inc., a Marshall Islands corporation and a direct wholly-owned subsidiary of Euronav ("Merger Sub"), and Gener8 Maritime, Inc., a Marshall Islands corporation ("Gener8"), are parties to the Agreement and Plan of Merger, dated as of December 20, 2017 (the "Merger Agreement"), pursuant to which Merger Sub merged with and into Gener8 (the "Merger"), with Gener8 as the surviving company and as a wholly owned subsidiary of Euronav ("Surviving Corporation"). At the effective time of the Merger (the "Effective Time"), each issued and outstanding Gener8 common share was canceled and exchanged for the right to receive 0.7272 of a Euronav ordinary share in the following manner: (i) each Gener8 common share was converted into one share of common stock, par value $0.01 per share, of the Surviving Corporation and (ii) each such share of the Surviving Corporation was contributed to Euronav in exchange for 0.7272 of a Euronav ordinary share.
- [F3]Each restricted stock unit represents a contingent right to receive one share of GNRT common stock, or in the sole discretion of GNRT's Compensation Committee, the cash value of a share of GNRT common stock on the date that the restricted stock unit vests.
- [F4]Pursuant to the Merger Agreement, at the Effective Time each then outstanding Gener8 restricted stock unit became fully vested and was terminated and canceled in exchange for the right to receive 0.7272 of a Euronav ordinary share in the following manner: (i) each Gener8 restricted stock unit was converted into one share of common stock, par value $0.01 per share, of the Surviving Corporation and (ii) each such share of the Surviving Corporation was contributed to Euronav in exchange for 0.7272 of a Euronav ordinary share.
Documents
Issuer
Euronav MI II Inc.
CIK 0001443799
Entity typeother
Related Parties
1- filerCIK 0001449383
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 4:06 PM ET
- Size
- 9.2 KB