4//SEC Filing
SAFEWAY INC 4
Accession 0001209191-15-008335
CIK 0000086144operating
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 5:31 PM ET
Size
8.0 KB
Accession
0001209191-15-008335
Insider Transaction Report
Form 4
SAFEWAY INCSWY
GROVE JANET
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2015-01-30−92,109.195→ 0 totalFrom: 2015-01-30Exp: 2015-01-30→ Common Stock (92,109.195 underlying) - Disposition to Issuer
Common Stock
2015-01-30−18,287→ 0 total
Footnotes (2)
- [F1]Disposed of as of the effective date of the merger pursuant to the merger agreement dated as of March 6, 2014 among issuer, AB Acquisition LLC, Albertson's Holdings LLC, Albertson's LLC and Saturn Acquisition Merger Sub, Inc., as amended (the "merger agreement"). Upon the effective date of the merger each share of common stock became the right to receive the merger consideration consisting of: (i) a cash payment of $34.92, (ii) one contingent value right relating to issuer's interest in Casa Ley, S.A. de C.V. (a "Casa Ley CVR") and (iii) one contingent value right relating to any deferred consideration relating to the sale of the assets of issuer's real-estate development subsidiary Property Development Centers, LLC (a "PDC CVR"), less any applicable withholding taxes.
- [F2]Each phantom stock unit represented the right to receive the cash value of the common stock on a 1-for-1 basis upon retirement from the Board or at a permissible time elected by the director. Pursuant to the merger agreement, each phantom stock unit was canceled as of the effective date of the merger in exchange for the right to receive (i) a cash payment of $34.92, (ii) one Casa Ley CVR and (iii) one PDC CVR.
Documents
Issuer
SAFEWAY INC
CIK 0000086144
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000086144
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 5:31 PM ET
- Size
- 8.0 KB