Hong Eleanor 4
4 · Smart & Final Stores, Inc. · Filed Jun 20, 2019
Insider Transaction Report
Form 4
Hong Eleanor
Senior VP and CMO
Transactions
- Disposition to Issuer
Common stock (par value $0.001)
2019-06-20$6.50/sh−57,597$374,381→ 0 total - Disposition to Issuer
Common stock (par value $0.001)
2019-06-20$6.50/sh−55,844$362,986→ 0 total
Footnotes (2)
- [F1]Pursuant to an agreement and plan of merger (the "Merger Agreement") by and among First Street Parent, Inc. a Delaware corporation ("Parent"), First Street Merger Sub, Inc. Delaware corporation and a wholly owned subsidiary of Parent ("Purchaser") and issuer, on June 20, 2019 the 55,844 disposed shares were canceled and converted into the right to receive an amount in cash equal to $6.50 per Company share, net to seller in cash, without interest, subject to any applicable withholding taxes.
- [F2]Pursuant to the Merger Agreement, on June 20, 2019 the 57,597 disposed shares of restricted stock were canceled and converted into the right to receive an amount in cash equal to $6.50 per Company share, net to seller in cash, without interest, subject to any applicable withholding taxes, with 50% of such cash payment payable effective at the time of the merger, and unless otherwise agreed by Ms. Hong and Parent, the remaining 50% of such cash payment payable when such shares of restricted stock would have vested.