4//SEC Filing
Minnich Michael W. 4
Accession 0001104659-23-128225
CIK 0000355379other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 4:17 PM ET
Size
8.1 KB
Accession
0001104659-23-128225
Insider Transaction Report
Form 4
Minnich Michael W.
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Common Stock
2023-12-20$27.00/sh−413,176$11,155,752→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock
2023-12-20$27.00/sh−11,669$315,063→ 0 total
Footnotes (3)
- [F1]The shares of Company common stock (the "Company Common Stock") were disposed of pursuant to the Agreement and Plan of Merger, dated as of April 30, 2023 (the "Merger Agreement"), by and among Midwest Holding Inc., a Delaware corporation (the "Company"), Midas Parent, LP, a Delaware limited partnership ("Parent") and Midas Merger Acquisition Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent, whereby at the effective time of the merger contemplated therein (the "Effective Time"), each share of Company Common Stock issued and outstanding immediately prior to the Effective Time, subject to certain exceptions as provided in the Merger Agreement, was converted into the right to receive $27.00 in cash, without interest (the "Merger Consideration"), subject to any required tax withholding as provided in the Merger Agreement.
- [F2]At the Effective Time, each Company stock option that was out-of-the-money was cancelled for no consideration in accordance with the terms of the Merger Agreement.
- [F3]Mr. Minnich controls Rendezvous Capital LLC, which is an entity owned by Mr. Minnich and his spouse.
Documents
Issuer
MIDWEST HOLDING INC.
CIK 0000355379
Entity typeother
Related Parties
1- filerCIK 0001772797
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 4:17 PM ET
- Size
- 8.1 KB