4//SEC Filing
Chapman John 4
Accession 0001127602-21-024505
CIK 0001010612other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 2:08 PM ET
Size
6.4 KB
Accession
0001127602-21-024505
Insider Transaction Report
Form 4
Chapman John
EVP & CFO
Transactions
- Disposition to Issuer
Common Stock
2021-08-27−175,207→ 0 total
Footnotes (2)
- [F1]Sykes Enterprises, Incorporated (the "Company") entered into an Agreement and Plan of Merger dated as of June 17, 2021 (the "Merger Agreement"), by and among the Company, Sitel Worldwide Corporation, a Delaware corporation ("Parent") and Florida Mergersub, Inc., a Florida corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). On August 27, 2021, 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, restricted stock unit and performance stock unit that was outstanding as of the closing of the merger was converted into the right to receive an amount in cash equal to $54.00, without interest and is subject to any applicable withholding taxes and with respect to Stock Appreciation Rights ("SAR"), an amount equal to the difference between (a) $54.00, minus (b) the exercise price of such SAR.
- [F2]Represents (i) 42,720 shares of Common Stock, (ii) 28,212 restricted stock units, (iii) 88,901 performance stock units, (iv) 2,918 vested shares as part of the Executive Deferred Compensation Plan and (v) SARs representing 12,456 shares. 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, performance stock unit or vested shares from the Deferred Executive Compensation Plan 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 $54.00, without interest and subject to any applicable withholding taxes. With respect to the SARs, an amount equal to the difference between (a) $54.00, minus (b) the exercise price of such SAR.
Documents
Issuer
SYKES ENTERPRISES INC
CIK 0001010612
Entity typeother
Related Parties
1- filerCIK 0001606701
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 2:08 PM ET
- Size
- 6.4 KB