4//SEC Filing
Horizon Lines, Inc. 4
Accession 0001209191-15-048042
CIK 0001302707operating
Filed
May 28, 8:00 PM ET
Accepted
May 29, 5:29 PM ET
Size
6.1 KB
Accession
0001209191-15-048042
Insider Transaction Report
Form 4
BRODSKY JEFFREY A
Director
Transactions
- Disposition from Tender
Restricted Stock Unit
2015-05-29−150,000→ 0 total→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit entitles the executive to receive a cash payment equal to the Fair Market Value of a share of Horizon Lines, Inc. Common Stock.
- [F2]Pursuant to that certain Agreement and Plan of Merger, dated as of November 11, 2014, as amended by Amendment No. 1, dated as of February 13, 2015 (as amended, the "Merger Agreement"), by and among Matson Navigation Company, Inc. ("Matson"), Hogan Acquisition, Inc., a wholly owned subsidiary of Matson ("Merger Sub") and the Issuer, the Issuer merged with and into Merger Sub, with the Issuer continuing as the surviving corporation (the "Merger") on May 29, 2015. Pursuant to the terms of the Merger Agreement, each restricted stock unit was converted into a vested right to receive cash in an amount equal to $0.72.
Documents
Issuer
Horizon Lines, Inc.
CIK 0001302707
Entity typeoperating
Related Parties
1- filerCIK 0001302707
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 5:29 PM ET
- Size
- 6.1 KB