4//SEC Filing
MORTON INDUSTRIAL GROUP INC 4
Accession 0001209191-06-047978
CIK 0000064247operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 4:09 PM ET
Size
10.9 KB
Accession
0001209191-06-047978
Insider Transaction Report
Form 4
MORTON WILLIAM D
DirectorChairman, CEO and President10% Owner
Transactions
- Other
Class A Common Stock
2006-08-25$10.00/sh−550,000$5,500,000→ 675,000 total - Disposition to Issuer
Class B Common Stock
2006-08-25−100,000→ 0 total→ Class A Common Stock (100,000 underlying) - Gift
Class A Common Stock
2006-08-21−28,990→ 1,225,000 total - Disposition to Issuer
Class A Common Stock
2006-08-25$10.00/sh−675,000$6,750,000→ 0 total
Footnotes (4)
- [F1]Disposed of, pursuant to the contribution agreement among the Reporting Person, MMC Precision Holdings Corp. ("Holdings") and the other parties thereto in connection with the merger (the "Merger") between the Issuer and MMC Precision Merger Corp. ("Merger Sub"), in exchange for 5,500,000 shares of Holdings common stock, each such share having a market value of $1.00 per share on the effective date of the Merger.
- [F2]Disposed of in the Merger in exchange for $6,750,000, pursuant to the merger agreement between the Issuer, Merger Sub and Holdings (the "Merger Agreement").
- [F3]The Class B Common Stock was convertible into shares of Class A Common Stock at any time on a one-for-one basis.
- [F4]Disposed of in the Merger in exchange for $1,000,000, pursuant to the Merger Agreement.
Documents
Issuer
MORTON INDUSTRIAL GROUP INC
CIK 0000064247
Entity typeoperating
IncorporatedGA
Related Parties
1- filerCIK 0000064247
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 4:09 PM ET
- Size
- 10.9 KB