Ferguson Matthew Wagner 4
4 · Echo Global Logistics, Inc. · Filed Nov 23, 2021
Insider Transaction Report
Form 4
Ferguson Matthew Wagner
Director
Transactions
- Disposition to Issuer
Common Stock
2021-11-23$48.25/sh−10,779$520,087→ 0 total - Disposition to Issuer
Restricted Stock Unit
2021-11-23−5,385→ 0 total→ Common Stock (5,385 underlying)
Footnotes (2)
- [F1]In connection with the consummation of the Merger, at the Effective Time, each issued and outstanding share of common stock, par value $0.0001 of the Company (the "Common Stock") that was held by the Company's stockholders, including the reporting person, was converted into the right to receive $48.25 in cash per Common Stock (the "Offer Price").
- [F2]In connection with the consummation of the Merger, at the Effective Time, each restricted stock unit to acquire shares of Common Stock ("Restricted Stock Unit") that was outstanding as of immediately prior to the Effective Time, whether vested or unvested, was automatically cancelled and converted into the right to receive (without interest) an amount in cash equal to the Offer Price, less applicable taxes required to be withheld with respect to such payment, as provided in the Merger Agreement. As of November 23, 2021, this included 5,385 Restricted Stock Units that are scheduled to vest on February 26, 2022.