DARLING INTERNATIONAL INC 4
4 · DARLING INTERNATIONAL INC · Filed Jul 5, 2007
Insider Transaction Report
Form 4
Jorgensen Marlyn
Director
Transactions
- Other
Common stock
2007-07-02+539→ 16,918 total - Other
Common stock
2007-07-02+269→ 2,773 total(indirect: By Spouse)
Footnotes (1)
- [F1]These shares of common stock, released to the reporting person from escrow, were being held in escrow to satisfy (i) any claims against National By-Products (?NBP?) for indemnity and (ii) any negative adjustment in the purchase price, each in accordance with and pursuant to that certain asset purchase agreement, dated as of December 19, 2005, by and among Darling International Inc. (the ?Issuer?), Darling National LLC and NBP (the ?Agreement?) and that certain escrow agreement, dated as of May 15, 2006, by and among the Issuer, NBP and U.S. Bank National Association (the ?Escrow Agreement?). For this release, the Escrow Agreement placed a value on the Issuer?s common stock of $4 per share, its closing price on May 12, 2006 (the trading day immediately preceding the closing of the transactions contemplated by the Agreement).