4//SEC Filing
Pasillas Frank 4
Accession 0001193125-25-232034
CIK 0001156388other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 5:00 PM ET
Size
16.4 KB
Accession
0001193125-25-232034
Insider Transaction Report
Form 4
Pasillas Frank
Senior VP, Store Operations
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2025-10-02−1,250→ 0 totalExercise: $4.07→ Common Stock (1,250 underlying) - Disposition to Issuer
Common Stock, par value $.01
2025-10-02−21,660→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2025-10-02−15,600→ 0 totalExercise: $1.18→ Common Stock (15,600 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2025-10-02−625→ 0 totalExercise: $6.20→ Common Stock (625 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2025-10-02−2,100→ 0 totalExercise: $2.23→ Common Stock (2,100 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2025-10-02−10,000→ 0 totalExercise: $4.80→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated June 29, 2025 (the "Merger Agreement"), by and among the Issuer, Worldwide Sports Group Holdings LLC ("Parent"), WSG Merger LLC, a wholly owned subsidiary of Parent ("Merger Sub"), and, solely for purposes of Section 9.13 thereof, Worldwide Golf Group LLC ("Guarantor"), on October 2, 2025 (the "Effective Time"), each outstanding share of Common Stock of the Issuer was automatically converted into the right to receive $1.45 in cash, without interest (the "Merger Consideration") and each outstanding RSU that did not vest upon the occurrence of the Effective Time was automatically substituted and immediately converted into a cash award equal to the product of (i) the aggregate number of shares of Common Stock underlying such unvested RSU immediately prior to the Effective Time multiplied by (ii) the Merger Consideration, subject to the terms and conditions of the corresponding award.
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding option to purchase shares of Common Stock was automatically canceled and converted into the right to receive an amount in cash (without interest), if any, equal to (i) the product obtained by multiplying (x) the number of shares underlying such option, by (y) the excess, if any, of the Merger Consideration over the exercise price per share of such option, less (ii) any applicable withholding taxes.
Documents
Issuer
BIG 5 SPORTING GOODS Corp
CIK 0001156388
Entity typeother
Related Parties
1- filerCIK 0002014554
Filing Metadata
- Form type
- 4
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 5:00 PM ET
- Size
- 16.4 KB