Hillshire Brands Co 4
4 · Hillshire Brands Co · Filed Sep 2, 2014
Insider Transaction Report
Form 4
WHITE JAMES D
Director
Transactions
- Disposition from Tender
Common Stock
2014-08-28$63.00/sh−8,592$541,296→ 0 total
Footnotes (2)
- [F1]In connection with the completion of a cash tender offer launched by Tyson Foods, Inc. ("Tyson") to purchase all of Issuer's issued and outstanding common stock (the "Tender Offer") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 1, 2014, among Tyson, HMB Holdings, Inc. and Issuer.
- [F2]This includes 8,592 restricted stock units. Pursuant to the Merger Agreement, these restricted stock units became fully vested at the acceptance time of the Tender Offer in exchange for the right to receive a cash payment equal to the number of shares of common stock subject to the restricted stock unit multiplied by $63.00 per share.