Home/Filings/4/0001209191-13-016341
4//SEC Filing

Feast Timothy Paul 4

Accession 0001209191-13-016341

CIK 0000077597other

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 6:54 PM ET

Size

10.2 KB

Accession

0001209191-13-016341

Insider Transaction Report

Form 4
Period: 2013-03-13
Feast Timothy Paul
Senior VP Color and Compounds
Transactions
  • Disposition to Issuer

    Common Stock

    2013-03-139,5079,147 total
  • Disposition to Issuer

    Common Stock

    2013-03-139,1470 total
  • Disposition to Issuer

    Stock Appreciation Right

    2013-03-139,1460 total
    Exp: 2022-12-11Common Stock (9,146 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated October 23, 2012 (the "Merger Agreement"), by and among PolyOne Corporation ("PolyOne"), 2012 RedHawk, Inc. ("Merger Sub"), 2012 RedHawk, LLC (n/k/a PolyOne Designed Structures and Solutions LLC) ("Merger LLC"), and Spartech Corporation ("Spartech"), pursuant to which Spartech first merged with and into Merger Sub with Spartech surviving the merger as a wholly owned subsidiary of PolyOne, and subsequently merged with and into Merger LLC, with Merger LLC as the surviving entity as a wholly owned subsidiary of PolyOne. Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each outstanding share of Spartech common stock (other than the shares of restricted stock described under footnote (2) below) was converted into the right to receive (i) .3167 of a PolyOne common share and (ii) $2.67 in cash.
  • [F2]Pursuant to the Merger Agreement, at the Effective Time, these shares of Spartech restricted stock, which provided for vesting in four equal annual installments beginning December 12, 2013, were assumed by PolyOne and converted into a restricted share award relating to 3,993 shares of PolyOne common stock.
  • [F3]Pursuant to the Merger Agreement, at the Effective Time, these stock appreciation rights, which provide for vesting in four equal annual installments beginning on December 12, 2013, were assumed by PolyOne and replaced with stock appreciation rights related to 3,993 PolyOne common shares with a base price of $20.53 per share.

Issuer

SPARTECH CORP

CIK 0000077597

Entity typeother

Related Parties

1
  • filerCIK 0001519785

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 6:54 PM ET
Size
10.2 KB