Home/Filings/4/0001127602-20-012417
4//SEC Filing

McMillan Donald B. 4

Accession 0001127602-20-012417

CIK 0001090061other

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 3:31 PM ET

Size

7.6 KB

Accession

0001127602-20-012417

Insider Transaction Report

Form 4
Period: 2020-04-01
McMillan Donald B.
Chief Accounting Officer
Transactions
  • Disposition to Issuer

    Restricted Share Units

    2020-04-01$10.15/sh10,600$107,5900 total
    Common Shares (10,600 underlying)
  • Disposition to Issuer

    Common Shares

    2020-04-01$10.15/sh9,001.09$91,3610 total
Footnotes (4)
  • [F1]On July 3, 2019, OMNOVA Solutions Inc. ("OMNOVA") announced it had entered into an Agreement and Plan of Merger (the "Merger Agreement") with Synthomer plc, Spirit USA Holdings Inc., and Synthomer USA LLC, pursuant to which the Company would merge with and into Spirit USA Holdings Inc., a wholly-owned subsidiary of Synthomer, subject to shareholder and regulatory approvals and other customary conditions (the "Merger"). The Merger became effective on April 1, 2020. Under the terms of the Merger Agreement, each unvested restricted share unit granted by OMNOVA was converted into the right to receive $10.15 in cash, without interest (the "Merger Consideration").
  • [F2]Includes approximately 705 OMNOVA common shares acquired between December and March 2020 through the OMNOVA Solutions Inc. Employee Share Purchase Plan.
  • [F3]Under the terms of the Merger Agreement, each unvested restricted share unit granted by OMNOVA was converted into the right to receive the Merger Consideration.
  • [F4]The Merger became effective on April 1, 2020.

Issuer

OMNOVA SOLUTIONS INC

CIK 0001090061

Entity typeother

Related Parties

1
  • filerCIK 0001517587

Filing Metadata

Form type
4
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 3:31 PM ET
Size
7.6 KB