4//SEC Filing
Renehan Todd 4
Accession 0001104659-20-003520
CIK 0001378718other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 5:38 PM ET
Size
12.5 KB
Accession
0001104659-20-003520
Insider Transaction Report
Form 4
Renehan Todd
EVP & Chief Commercial Officer
Transactions
- Disposition to Issuer
Employee Stock Options (right to buy)
2020-01-09−85,830→ 0 totalExercise: $9.55Exp: 2027-10-02→ Common Stock (85,830 underlying) - Disposition to Issuer
Common Stock
2020-01-09−123,782→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-01-09−56,499→ 0 total→ Common Stock (56,499 underlying) - Disposition to Issuer
Performance Share Units
2020-01-09−171,754→ 0 total→ Common Stock (171,754 underlying)
Footnotes (5)
- [F1]Pursuant to that certain Agreement and Plan of Merger, dated August 8, 2019 (the "Merger Agreement") by and among Wolverine Intermediate Holding II Corporation ("Parent"), Wolverine Merger Corporation, and the Issuer, the Issuer became a wholly owned subsidiary of Parent upon consummation of the merger (the "Effective Time"). At the Effective Time, each share of the Issuer's Common Stock (including each restricted share) was automatically converted into the right to receive $11.05 in cash (the "Merger Consideration").
- [F2]At the Effective Time, each Restricted Stock Unit, whether vested or unvested, became fully vested and non-forfeitable and converted into a right to receive an amount in cash equal to the Merger Consideration.
- [F3]At the Effective Time each Performance Share Unit ("PSU") was cancelled and converted into a fully vested right to receive a cash amount equal to the Merger Consideration multiplied by the Applicable Percentage (as that term is defined in the Merger Agreement) of the target number of shares of Common Stock underlying the PSUs.
- [F4]These options vest in three equal installments on September 30, 2018, 2019 and 2020.
- [F5]At the Effective Time, each Employee Stock Option, whether vested or unvested, automatically converted into the right to receive cash in the amount equal to the amount the Merger Consideration exceeds the exercise price per share of such Employee Stock Option.
Documents
Issuer
Wesco Aircraft Holdings, Inc
CIK 0001378718
Entity typeother
Related Parties
1- filerCIK 0001626666
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 5:38 PM ET
- Size
- 12.5 KB