4//SEC Filing
SPARTECH CORP 4
Accession 0001209191-13-016346
CIK 0000077597operating
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 6:58 PM ET
Size
26.1 KB
Accession
0001209191-13-016346
Insider Transaction Report
Form 4
LENEHAN PAMELA F
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-03-13−1,416→ 0 total→ Common Stock (1,416 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−5,643→ 0 total→ Common Stock (5,643 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−5,203→ 0 total→ Common Stock (5,203 underlying) - Disposition to Issuer
Common Stock
2013-03-13−35,602→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-03-13−5,682→ 0 total→ Common Stock (5,682 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−11,364→ 0 total→ Common Stock (11,364 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−5,580→ 0 total→ Common Stock (5,580 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−1,153→ 0 total→ Common Stock (1,153 underlying) - Disposition to Issuer
Restricted Stock Units
2013-03-13−298→ 0 total→ Common Stock (298 underlying) - Disposition to Issuer
Common Stock
2013-03-13−5,000→ 0 total(indirect: By Spouse)
Footnotes (5)
- [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 restricted stock units, which are payable on the first anniversary of the Reporting Person's termination of service from the Issuer's board, were assumed by PolyOne and replaced with PolyOne restricted stock units that represent the right to receive 503 shares of PolyOne common stock at the date of settlement.
- [F3]Pursuant to the Merger Agreement, at the Effective Time, these restricted stock units, which are payable on the first anniversary of the Reporting Person's termination of service from the Issuer's board, were assumed by PolyOne and replaced with PolyOne restricted stock units that represent the right to receive 618 shares of PolyOne common stock at the date of settlement.
- [F4]Pursuant to the Merger Agreement, at the Effective Time, these restricted stock units, which are payable on the first anniversary of the Reporting Person's termination of service from the Issuer's board, were assumed by PolyOne and replaced with PolyOne restricted stock units that represent the right to receive 130 shares of PolyOne common stock at the date of settlement.
- [F5]Pursuant to the Merger Agreement, at the Effective Time, these Spartech restricted stock units were converted into the right to receive (i) .3167 of a PolyOne common share and (ii) $2.67 in cash.
Documents
Issuer
SPARTECH CORP
CIK 0000077597
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000077597
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 6:58 PM ET
- Size
- 26.1 KB