MEADWESTVACO Corp 4
4 · MEADWESTVACO Corp · Filed Jul 6, 2015
Insider Transaction Report
Form 4
POWERS TIMOTHY H
Director
Transactions
- Disposition to Issuer
Common Stock
2015-07-01−1,000→ 0 total - Disposition to Issuer
Phantom Stock Units
2015-07-01−39,546→ 0 total→ Common Stock (39,546 underlying)
Footnotes (2)
- [F1]MeadWestvaco Corporation ("MWV") has entered into the Second Amended and Restated Business Combination Agreement, dated as of April 17, 2015 and amended as of May 5, 2015 (the "BCA") by and among WestRock Company ("WestRock"), MWV, Rock-Tenn Company, Rome Merger Sub, Inc. and Milan Merger Sub, LLC, pursuant to which MWV become a wholly owned subsidiary of WestRock (the "Merger"). Each share of MWV common stock was disposed of pursuant to the BCA, in exchange or 0.78 shares of WestRock common stock, with cash paid in lieu of frantional shares.
- [F2]The phantom stock converts into common stock on a one-for-one basis and is payable in common stock upon the reporting person's termination of service as a Director.