Welch George J 4
4 · Corning Natural Gas Holding Corp · Filed Jul 6, 2022
Insider Transaction Report
Form 4
Welch George J
Director
Transactions
- Disposition to Issuer
Common Stock
2022-07-06$24.75/sh−27,708$685,773→ 0 total - Disposition to Issuer
Series A Preferred Stock
2022-07-06−10,600→ 0 total - Disposition to Issuer
Series B Preferred Stock
2022-07-06−912→ 0 total
Footnotes (3)
- [F1]Common Stock included 21,450 shares of restricted stock and 4,791 shares acquired through the company's Dividend Reinvestment Program.
- [F2]Pursuant to that certain merger agreement with ACP Crotona Corp. and ACP Crotona Merger Sub Corp., Mr. Welch received an amount equal to $25.00 per share of Series A Preferred Stock plus an amount equal to any accumulated unpaid dividends then outstanding.
- [F3]Pursuant to that certain merger agreement with ACP Crotona Corp. and ACP Crotona Merger Sub Corp., Mr. Welch received an amount equal to $29.70 per share of Series B Preferred Stock consisting of $24.90 in respect of the Series B Preferred Stock liquidation preference and $4.80 in respect of the conversion right of the holders of the Series B Preferred Stock, plus an amount equal to any accumulated unpaid dividends then outstanding.