BLITZ DAVID 4
4 · CADUS CORP · Filed Jun 28, 2018
Insider Transaction Report
Form 4
CADUS CORPKDUS
BLITZ DAVID
Treasurer and Secretary
Transactions
- Sale
Common Stock, $0.01 par value
2018-06-28$1.61/sh−5,000$8,050→ 0 total
Footnotes (1)
- [F1]Represents shares of common stock ("Shares") disposed of in connection with the merger of Cadus Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Starfire Holding Corporation ("Starfire"), with and into Cadus Corporation (the "Issuer"), with the Issuer continuing as the surviving entity after the merger (the "Merger"). The Merger was consummated on June 28, 2018, and, in connection therewith, all Shares were cancelled. Such Shares (other than (i) Shares owned by Starfire, Cadus Merger Sub LLC, or any of their respective subsidiaries or affiliates (other than the Issuer or any of its management), (ii) Shares owned by the Issuer or the Issuer's subsidiaries, and (iii) Shares for which appraisal rights have been properly and validly perfected and not validly withdrawn or lost) were automatically converted into the right to receive the merger consideration.