4//SEC Filing
PENFORD CORP 4
Accession 0001209191-15-025323
CIK 0000739608operating
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 6:25 PM ET
Size
7.2 KB
Accession
0001209191-15-025323
Insider Transaction Report
Form 4
PENFORD CORPPENX
COOK JEFFREY T
Director
Transactions
- Disposition to Issuer
Common Stock
2015-03-11$19.00/sh−143,587$2,728,153→ 0 total - Disposition to Issuer
Common Stock
2015-03-11$19.00/sh−12,084$229,596→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]Common Stock and derivative securities of Penford Corporation ("Issuer") were disposed of pursuant to the transactions contemplated by the Agreement and Plan of Merger among Issuer, Ingredion Incorporated ("Acquiror"), and Prospect Sub, Inc., dated as of October 14, 2014 (the "Merger Agreement"). Upon closing of the transactions contemplated by the Merger Agreement (the "Effective Time"), Issuer became a wholly owned subsidiary of Acquiror, and each share of Common Stock of Issuer, including outstanding restricted stock which by its terms became fully vested at the Effective Time, was converted into the right to receive $19 in cash.
- [F2]Shares held in trust for which the reporting person's spouse is sole trustee.
Documents
Issuer
PENFORD CORP
CIK 0000739608
Entity typeoperating
IncorporatedWA
Related Parties
1- filerCIK 0000739608
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 6:25 PM ET
- Size
- 7.2 KB