Power Timothy 4
4 · Continental Building Products, Inc. · Filed Feb 3, 2020
Insider Transaction Report
Form 4
Power Timothy
Senior VP, GC and Secretary
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2020-02-03$23.00/sh−7,500$172,500→ 0 totalExercise: $14.00Exp: 2024-02-04→ Common Stock (7,500 underlying) - Disposition to Issuer
Common Stock
2020-02-03−66,676→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among the Issuer, CertainTeed Gypsum and Ceilings USA, Inc., Cupertino Merger Sub, Inc. and Compagnie de Saint-Gobain S.A., in exchange for cash consideration of $37.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.
- [F2]This option, which provided for vesting in four equal annual installments beginning February 4, 2015, was canceled in the merger in exchange for a cash payment of $172,500 representing the difference between the exercise price of the option and the Merger Consideration ($37 per share).