Dament Anne Marie 4
4 · SUPERVALU INC · Filed Oct 24, 2018
Insider Transaction Report
Form 4
Dament Anne Marie
SVP, Retail, Merch & Mktg
Transactions
- Disposition to Issuer
Common Stock
2018-10-22$32.50/sh−3,130$101,725→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-10-22−8,963→ 0 totalExercise: $0.00→ Common Stock (8,963 underlying) - Disposition to Issuer
Performance Shares
2018-10-22−28,076→ 0 totalExercise: $0.00→ Common Stock (28,076 underlying) - Award
Performance Shares
2018-10-22−41,286→ 41,286 totalExercise: $0.00→ Common Stock (41,286 underlying) - Disposition to Issuer
Performance Shares
2018-10-22−41,286→ 0 totalExercise: $0.00→ Common Stock (41,286 underlying)
Footnotes (3)
- [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 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.
- [F3]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.