4//SEC Filing
Heller Andrew Todd 4
Accession 0001127602-19-015090
CIK 0001645494other
Filed
Apr 8, 8:00 PM ET
Accepted
Apr 9, 4:07 PM ET
Size
9.9 KB
Accession
0001127602-19-015090
Insider Transaction Report
Form 4
Heller Andrew Todd
Director
Transactions
- Disposition to Issuer
Deferred Ordinary Shares
2019-04-04−10,450→ 0 totalExercise: $0.00→ Ordinary Shares (10,450 underlying) - Disposition to Issuer
Restricted Shares
2019-04-04−6,500→ 0 totalExercise: $0.00Exp: 2019-07-01→ Ordinary Shares (6,500 underlying) - Disposition to Issuer
Ordinary Shares
2019-04-04$31.75/sh−24,650$782,638→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of that certain Bid Conduct Agreement (the "Acquisition Agreement") between ARRIS International plc ("ARRIS") and CommScope Holding Company, Inc. ("CommScope"), CommScope agreed to acquire all of the issued and to be issued Ordinary Shares of ARRIS (the "Acquisition") for $31.75 per Ordinary Share by means of a court-sanctioned scheme of arrangement (the "Scheme"). On April 4, 2019, at the effective time of the Scheme (the "Effective Time"), each Ordinary Share then outstanding was automatically transferred from ARRIS shareholders in accordance with the Scheme and the Acquisition Agreement to CommScope, and the ARRIS shareholders ceased to have any rights with respect to their Ordinary Shares, except their right to receive $31.75 per Ordinary Share. This represents shares disposed of upon consummation of the Acquisition.
- [F2]At the Effective Time, the Ordinary Shares subject to this restricted stock unit grant, which provided for vesting one year from the date of grant, were cancelled and converted into the right to receive cash equal to $31.75 multiplied by the number of restricted stock units being so cancelled and converted.
- [F3]This holding does not have a date of expiration, but its receipt was deferred until owner's separation from ARRIS.
Documents
Issuer
ARRIS International plc
CIK 0001645494
Entity typeother
Related Parties
1- filerCIK 0001540128
Filing Metadata
- Form type
- 4
- Filed
- Apr 8, 8:00 PM ET
- Accepted
- Apr 9, 4:07 PM ET
- Size
- 9.9 KB