Udell C Robert JR 4
4 · Consolidated Communications Holdings, Inc. · Filed Dec 31, 2024
Insider Transaction Report
Form 4
Udell C Robert JR
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2024-12-27$4.70/sh−1,539,593$7,236,087→ 0 total
Footnotes (1)
- [F1]In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 15, 2023, by and among the Issuer, Condor Holdings LLC and Condor Merger Sub Inc., each share of the Issuer's common stock held by the Reporting Person was converted into the right to receive an amount in cash equal to $4.70 per share (the "Merger Consideration"). In addition, each outstanding award of restricted shares of Issuer common stock that remains subject solely to service-based vesting conditions was converted into a contingent cash award with a value equal to (i) the Merger Consideration multiplied by (ii) the number of shares of common stock subject to the award.