4//SEC Filing
SIMONETTI BETH E 4
Accession 0001127602-20-020901
CIK 0000790703other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:25 PM ET
Size
7.9 KB
Accession
0001127602-20-020901
Insider Transaction Report
Form 4
TECH DATA CORPTECD
SIMONETTI BETH E
SVP/Chief HR Officer
Transactions
- Disposition to Issuer
Common Stock
2020-06-30−5,058→ 0 total - Disposition to Issuer
Common Stock
2020-06-30−9,436→ 5,058 total
Footnotes (3)
- [F1]Tech Data Corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 12, 2019 and amended on November 27, 2019 (the "Merger Agreement"), by and among the Company, Tiger Midco, LLC, a Delaware limited liability company ("Parent") and Tiger Merger Sub Co., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"). On June 30, 2020, Merger Sub merged with and into the Company, the separate corporate existence of Merger Sub ceased and the Company survived the merger as a direct wholly owned subsidiary of Parent. Pursuant to the terms of the Merger Agreement, each share of Company common stock and each restricted stock unit subject to time-based vesting that was outstanding as of the closing of the merger was converted into the right to receive an amount in cash equal to $145.00, without interest and net of any required withholding of taxes.
- [F2]Represents 3,340 shares of Common Stock and 6,096 restricted stock units held by the Reporting Person. In connection with the closing of the transactions contemplated by the Merger Agreement, each share of Common Stock held by the Reporting Person and each share of Common Stock underlying a restricted stock unit subject to time-based vesting that was outstanding as of the closing of the merger was converted into the right of the Reporting Person to receive a cash payment of $145.00, without interest and net of any required withholding of taxes.
- [F3]Disposed of in connection with the transactions contemplated by the Merger Agreement in exchange for partnership units of Tiger Parent Holdings, L.P., a Delaware limited liability company and indirect parent of the Company following the effective date of the merger, having an aggregate value equal to the product of the number of shares of Common Stock disposed and $145.00 (i.e. the merger consideration per share of Common Stock).
Documents
Issuer
TECH DATA CORP
CIK 0000790703
Entity typeother
Related Parties
1- filerCIK 0001653508
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:25 PM ET
- Size
- 7.9 KB