4//SEC Filing
HERNDON PHILIP T. 4
Accession 0001104659-23-078715
CIK 0001831617other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:04 PM ET
Size
5.9 KB
Accession
0001104659-23-078715
Insider Transaction Report
Form 4
Herndon Philip T.
Chief Financial Officer
Transactions
- Disposition to Issuer
Ordinary Shares, $0.0001 par value
2023-07-05$8.40/sh−2,811,192$23,614,013→ 0 total
Footnotes (2)
- [F1]Pursuant to and in connection with the transactions contemplated by that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 8, 2023, by and among the Issuer, Olympus Water Holdings IV, L.P. ("Parent"), acting by its general partner, Olympus Water Holdings Limited and Diamond Merger Limited, each of the Issuer's ordinary shares, par value $0.0001 per share (each, an "Ordinary Share"), owned by the Reporting Person were cancelled and exchanged into the right to receive $8.40 in cash (the "Merger Consideration").
- [F2]The Ordinary Shares reported as disposed by the Reporting Person include: 84,112 shares underlying restricted share units subject to performance-based vesting conditions and 121,735 shares underlying restricted share units which, pursuant to the Merger Agreement, were vested and cancelled into the right to receive an amount in cash equal to the Merger Consideration, with payment subject to continued service with Parent and its affiliates, as applicable.
Documents
Issuer
Diversey Holdings, Ltd.
CIK 0001831617
Entity typeother
Related Parties
1- filerCIK 0001705735
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:04 PM ET
- Size
- 5.9 KB