Home/Filings/4/0001129787-07-000075
4//SEC Filing

SIRVA INC 4

Accession 0001129787-07-000075

CIK 0001181232operating

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 12:52 PM ET

Size

7.2 KB

Accession

0001129787-07-000075

Insider Transaction Report

Form 4
Period: 2007-07-02
Transactions
  • Award

    Deferred Stock (Right to Acquire)

    2007-07-02$2.00/sh+2,473$4,94611,560 total
    Exercise: $0.00Common Stock (2,473 underlying)
Footnotes (4)
  • [F1]Deferred Stock converts to Common Stock on a one-for-one basis.
  • [F2]Shares of Common Stock allocated to reporting person's account as of 07/02/07 pursuant to the Company's Directors Compensation Policy based on closing price of $2.00 per share for the Company's Common Stock on the New York Stock Exchange on 07/02/07.
  • [F3]Effective 4/30/07, Kelly J. Barlow resigned from the Board of Director's of SIRVA. There was no diagreement between Mr. Barlow and SIRVA on any matter relating to SIRVA's operating policies or operations. In accordance with the terms of the Company's Directors Compensation Policy, Mr. Barlow's shares will be distributed as soon as reasonably practicable on 10/30/07, the six-month anniversary of the date on which Mr. Barlow ceased to be a Director.
  • [F4]Under an agreement with ValueAct Capital Master Fund, L.P., Kelly J. Barlow is deemed to hold the deferred stock for the benefit of ValueAct Capital Master Fund, L.P. and indirectly for (i) VA Partners, L.L.C. as General Partner of ValueAct Capital Master Fund, L.P. (ii) ValueAct Capital Management, L.P. as the manager of ValueAct Capital Master Fund, L.P. and (iii) ValueAct Capital Management, L.L.C. as General Partner of ValueAct Capital Management, L.P. (collectively "ValueAct Capital"). Kelly J. Barlow is a director of Sirva, Inc. and Non-Managing Member of VA Partners, LLC and ValueAct Capital Management, L.P. The reporting person disclaims beneficial ownership of the reported stock except to the extent of his pecuniary interest therein.

Issuer

SIRVA INC

CIK 0001181232

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001181232

Filing Metadata

Form type
4
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 12:52 PM ET
Size
7.2 KB