4//SEC Filing
METALS USA HOLDINGS CORP. 4
Accession 0001123292-13-000770
CIK 0001362491operating
Filed
Apr 14, 8:00 PM ET
Accepted
Apr 15, 3:50 PM ET
Size
13.1 KB
Accession
0001123292-13-000770
Insider Transaction Report
Form 4
PRESS ERIC
Director
Transactions
- Disposition to Issuer
Common Stock
2013-04-12$20.65/sh−8,400$173,460→ 8,400 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-04-12$9.40/sh−10,000$94,000→ 0 totalExercise: $11.25Exp: 2022-01-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-04-12$18.35/sh−69,724$1,279,435→ 0 totalExercise: $2.30Exp: 2015-11-30→ Common Stock (69,724 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-04-12$7.48/sh−15,000$112,200→ 0 totalExercise: $13.17Exp: 2020-09-13→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated as of February 6, 2013, by and among Reliance Steel & Aluminum Co. ("Reliance"), Metals USA Holdings Corp. ("Metals USA") and RSAC Acquisition Corp., a wholly-owned subsidiary of Reliance (the "Merger Agreement"), each share of Metals USA common stock owned by the reporting person immediately prior to the effective time of the Merger (as defined in the Merger Agreement) converted at the effective time into the right to receive $20.65 in cash.
- [F2]Mr. Press is associated with Apollo Management, L.P. ("Apollo Management") and its affiliated managers, including Apollo Management V, L.P. Apollo Management V, L.P. serves as the manager or a special limited partner of the Apollo investment funds that hold shares of the common stock of Metals USA, and as such may be deemed to beneficially own the shares held by the Apollo investment funds. This report does not include any securities of Metals USA that are held by the Apollo investment funds or that may be deemed to be beneficially owned by Apollo Management or any of the other Apollo investment managers or investment advisors, and Mr. Press disclaims beneficial ownership of all such securities. This report shall not be deemed an admission that Mr. Press is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]Pursuant to the terms of the Merger Agreement, each option to purchase Metals USA common stock owned by the reporting person, whether vested or unvested, that was outstanding immediately prior to the effective time of the Merger converted into the right to receive an amount in cash equal to the product of the number of shares of Metals USA common stock subject to the option and the excess, if any, of $20.65 over the exercise price per share of such option, less any required withholding taxes.
Documents
Issuer
METALS USA HOLDINGS CORP.
CIK 0001362491
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001362491
Filing Metadata
- Form type
- 4
- Filed
- Apr 14, 8:00 PM ET
- Accepted
- Apr 15, 3:50 PM ET
- Size
- 13.1 KB