KRUEGER HARVEY M 4
4 · Duff & Phelps Corp · Filed Mar 13, 2012
Insider Transaction Report
Form 4
KRUEGER HARVEY M
Director
Transactions
- Other
Duff and Phelps Acquisitions, LLC New Class A Units
2012-03-13$13.38/sh−169$2,261→ 5,071 total(indirect: see footnote)→ Class A common stock (169 underlying)
Holdings
- 35,920
Duff and Phelps Acquisitions, LLC New Class A Units
→ Class A common stock (35,920 underlying)
Footnotes (3)
- [F1]Pursuant to an exchange agreement entered into in connection with the closing of the initial public offering of Duff and Phelps Corporation (the "IPO"), holders of New Class A Units of Duff and Phelps Acquisitions, LLC ("DPA") issued in connection with the reorganization of DPA immediately prior to the consummation of the IPO (the "Reorganization") may exchange their New Class A Units for Class A common stock of Duff and Phelps Corporation on a one-for-one basis up to four times each year, subject to the vesting, minimum retained ownership requirements and transfer restrictions and customary conversion rate adjustments for splits, unit distributions and reclassifications contained in the exchange agreement.
- [F2]The New Class A Units listed in the table above were redeemed by Duff and Phelps Acquisitions, LLC using a portion of the net proceeds from the exercise of a portion of the over-allotment option in connection with Duff and Phelps Corporation's public offering of 4,500,000 shares of Class A common stock.
- [F3]Such Duff and Phelps Acquisitions, LLC New Class A Units are held by Mr. Krueger through Vestar/DP Holdings, LLC.