4//SEC Filing
SCHERIFF KENNETH M 4
Accession 0001104659-23-127804
CIK 0000075340other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 6:09 PM ET
Size
5.8 KB
Accession
0001104659-23-127804
Insider Transaction Report
Form 4
SCHERIFF KENNETH M
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2023-12-20$13.00/sh−11,098$144,274→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement") between the Issuer, Tools AcquisitionCo, LLC ("Parent") and Tools MergerSub, Inc., a wholly owned subsidiary of Parent ("Acquisition Sub"), dated October 13, 2023, each issued and outstanding share (a "Share") of Class A Common Stock of the Issuer was converted into the right to receive $13.00 per Share in cash (subject to any applicable withholding or other taxes or other amounts required by law to be withheld). On December 20, 2023, the transactions contemplated by the Merger Agreement were consummated, including the merger of Acquisition Sub with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation following the Merger as a wholly owned subsidiary of Parent.
- [F2]Prior to the Merger, the Reporting Person served on the Board of Directors of the Issuer (the "Board") and resigned from the Board upon the effective time of the Merger.
Documents
Issuer
P&F INDUSTRIES INC
CIK 0000075340
Entity typeother
Related Parties
1- filerCIK 0001319801
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 6:09 PM ET
- Size
- 5.8 KB