4//SEC Filing
Hong Douglas 4
Accession 0001104659-21-143127
CIK 0001426945other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 6:16 PM ET
Size
8.9 KB
Accession
0001104659-21-143127
Insider Transaction Report
Form 4
Hong Douglas
Controller
Transactions
- Disposition to Issuer
Restricted Stock Unit
2021-11-23−3,184→ 0 total→ Common Stock (3,184 underlying) - Disposition to Issuer
Common Stock
2021-11-23$48.25/sh−2,803$135,245→ 0 total
Footnotes (3)
- [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.
- [F3]As of November 23, 2021, this included 3,184 Restricted Stock Units that are scheduled to vest in four equal installments on March 15, 2022, March 15 2023, March 15, 2024 and March 15, 2025.
Documents
Issuer
Echo Global Logistics, Inc.
CIK 0001426945
Entity typeother
Related Parties
1- filerCIK 0001849120
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 6:16 PM ET
- Size
- 8.9 KB