4//SEC Filing
Mooney Gerard 4
Accession 0001140361-24-044952
CIK 0000350868other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 11:38 AM ET
Size
5.9 KB
Accession
0001140361-24-044952
Insider Transaction Report
Form 4
ITERIS, INC.ITI
Mooney Gerard
Director
Transactions
- Disposition to Issuer
Common Stock
2024-11-01$7.20/sh−121,459$874,505→ 0 total
Footnotes (3)
- [F1]Reflects the disposition of securities pursuant to that certain Agreement and Plan of Merger, dated August 8, 2024, by and among Iteris, Inc. (the "Company"), Almaviva S.p.A ("Parent") and Pantheon Merger Sub Inc. ("Merger Sub"), pursuant to which on November 1, 2024, Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation of the merger and as an indirect wholly owned subsidiary of Parent (the "Merger").
- [F2]At the effective time of the Merger (the "Effective Time"), by virtue of the Merger, the shares of common stock, par value $0.10 per share (the "Common Stock") and restricted stock units ("RSUs") held by the reporting person were automatically canceled and converted into the right to receive $7.20 in cash (the "Merger Consideration").
- [F3]Includes 11,126 RSUs granted on October 22, 2024, that at the Effective Time, by virtue of the Merger, became fully vested and were automatically cancelled and converted into the right to receive the Merger Consideration.
Documents
Issuer
ITERIS, INC.
CIK 0000350868
Entity typeother
Related Parties
1- filerCIK 0001588010
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 11:38 AM ET
- Size
- 5.9 KB