Handelman Jeffrey S 4
4 · KMG CHEMICALS INC · Filed Nov 16, 2018
Insider Transaction Report
Form 4
Handelman Jeffrey S
SR VP of Electronic Chemicals
Transactions
- Award
Performance Stock Awards
2018-11-15−2→ 0 totalExercise: $0.00→ Common Stock (24,198 underlying) - Disposition to Issuer
Common Stock
2018-11-15−9,441→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 14, 2018, by and among KMG Chemicals, Inc. ("KMG"), Cabot Microelectronics Corporation ("Cabot Microelectronics") and Cobalt Merger Sub Corporation, in exchange for 1,888 shares of Cabot Microelectronics common stock and $525,412 in cash consideration at the Effective Time of the merger.
- [F2]Pursuant to the Merger Agreement, the restricted stock unit awards which were granted prior to August 14, 2018 and which expire 7/31/19 and 7/31/20, fully vested and were cancelled and converted in the merger in exchange for 4,839 shares of Cabot Microelectronics common stock and $1,346,680 in cash consideration at the Effective Time of the merger, which is the right to receive the merger consideration in respect of each share of KMG common stock underlying the applicable restricted stock united award.