AMERICAN PACIFIC CORP 4
4 · AMERICAN PACIFIC CORP · Filed Mar 3, 2014
Insider Transaction Report
Form 4
Mill Road Capital II, L.P.
10% Owner
Transactions
- Disposition from Tender
Common Stock
2014-02-27−916,690→ 0 total
Footnotes (2)
- [F1]These shares were held directly by Mill Road Capital II, L.P. (the "Fund"). Mill Road Capital GP II LLC (the "GP") is the sole general partner of the Fund with the power to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares. Thomas E. Lynch and Scott P. Scharfman are Management Committee Directors of the GP with shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares. Each of the Reporting Persons disclaims beneficial ownership of these shares, except to the extent of his or its pecuniary interest therein, if any.
- [F2]On February 27, 2014, an acquisition subsidiary affiliated with and controlled by H.I.G. Capital, LLC, a Delaware limited liability company, acquired all of the outstanding shares of the Issuer's common stock via merger at a price of $46.50 per share. The Fund has not accepted the $46.50 per share being paid in the merger and is instead seeking a determination, in accordance with Delaware law, of the fair value of the shares of the Issuer's common stock that the Fund held as of immediately prior to the consummation of the merger.