KRISPY KREME DOUGHNUTS INC 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Jul 27, 2016
Insider Transaction Report
Form 4
Caine Lynn Crump
Director
Transactions
- Disposition to Issuer
Common Stock
2016-07-27$21.00/sh−5,714$119,994→ 0 total - Disposition to Issuer
Restricted Stock Units
2016-07-27−227,826→ 0 total→ Common Stock (227,826 underlying)
Footnotes (2)
- [F1]5,714 unvested restricted stock units disposed pursuant to the Agreement and Plan of Merger, dated as of May 8, 2016, by and among the Issuer, Cotton Parent, Inc., Cotton Merger Sub Inc. and JAB Holdings B.V. (the "Merger Agreement"), in which, at the effective time of the Merger (as defined in the Merger Agreement), each unvested restricted stock unit was cancelled and converted into the right to receive a cash payment equal to the product of (x) the number of shares of the Issuer's common stock subject to each share unit and (y) $21.00.
- [F2]227,826 deferred restricted stock units disposed pursuant to the Merger Agreement, in which, at the effective time of the Merger, each vested and unvested restricted stock unit was cancelled and converted into the right to receive a cash payment equal to the product of (x) the number of shares of the Issuer's common stock subject to each share unit and (y) $21.00.