4//SEC Filing
Burdick Randy G 4
Accession 0001140361-18-041237
CIK 0000095521other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 4:32 PM ET
Size
23.9 KB
Accession
0001140361-18-041237
Insider Transaction Report
Form 4
Burdick Randy G
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2018-10-22$32.50/sh−10,851$352,658→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-22−15,810→ 0 totalExercise: $52.50Exp: 2024-05-16→ Common Stock (15,810 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-22−9,311→ 0 totalExercise: $61.53Exp: 2025-04-30→ Common Stock (9,311 underlying) - Disposition to Issuer
Performance Shares
2018-10-22−34,240→ 0 totalExercise: $0.00→ Common Stock (34,240 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-22−42,616→ 0 totalExercise: $45.43Exp: 2023-05-07→ Common Stock (42,616 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-22−6,691→ 0 totalExercise: $39.48Exp: 2026-04-28→ Common Stock (6,691 underlying) - Disposition to Issuer
Restricted Stock Units
2018-10-22−7,262→ 0 totalExercise: $0.00→ Common Stock (7,262 underlying) - Disposition to Issuer
Performance Shares
2018-10-22−45,737→ 0 totalExercise: $0.00→ Common Stock (45,737 underlying) - Award
Performance Shares
2018-10-22−45,737→ 45,737 totalExercise: $0.00→ Common Stock (45,737 underlying)
Footnotes (4)
- [F1]At the effective time, each outstanding share of the Company's common stock (other than shares owned by the Company, UNFI or any of their respective subsidiaries (except for shares of common stock held on behalf of third parties), dissenting shares and any Company restricted shares) was disposed of pursuant to the Merger Agreement in exchange for $32.50 per share, without interest.
- [F2]At the effective time, each outstanding and unexercised stock option, whether vested or unvested, was converted into an option to purchase shares of UNFI common stock generally on the same terms and conditions as applied prior to the effective time, in accordance with the terms and conditions of the Merger Agreement.
- [F3]At the effective time, each outstanding restricted stock unit award was converted into a UNFI cash award generally on the same terms and conditions as applied prior to the effective time and payable, at UNFI's election, in cash and/or an equal value in shares of UNFI common stock, which award had a value equal to the product of (i) the number of shares of SUPERVALU common stock subject to such award and (ii) $32.50, in accordance with the terms and conditions of the Merger Agreement.
- [F4]At the effective time, each outstanding performance share unit award was converted into a UNFI cash award generally on the same terms and conditions as applied prior to the effective time (other than performance-based conditions) and payable, at UNFI's election, in cash and/or an equal value in shares of UNFI common stock, which award had a value to the product of (i) the number of shares of SUPERVALU common stock subject to such award (assuming performance is satisfied as set forth in the Merger Agreement) and (ii) $32.50, in accordance with the terms and conditions of the Merger Agreement.
Documents
Issuer
SUPERVALU INC
CIK 0000095521
Entity typeother
Related Parties
1- filerCIK 0001573540
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 4:32 PM ET
- Size
- 23.9 KB