Silver Bay Realty Trust Corp. 4
4 · Silver Bay Realty Trust Corp. · Filed May 9, 2017
Insider Transaction Report
Form 4
Shapiro Lawrence B
Chief Operating Officer
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2017-05-09−154,976→ 0 total - Award
Common Stock, par value $0.01 per share
2017-05-09+72,939→ 154,976 total
Footnotes (3)
- [F1]Reflects the number of outstanding shares of performance-based stock units, including dividend equivalent units, which vested in full pursuant to the Merger Agreement (defined in Footnote 3) and will be cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration (defined in Footnote 3).
- [F2]Common Stock cancelled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of this Common Stock and the Merger Consideration.
- [F3]On February 27, 2017, the Issuer entered into a Merger and Plan of Merger among Tricon Capital Group Inc., TAH Acquisition Holdings LLC, TAH Acquisition LP, Silver Bay Management LLC and Silver Bay Operating Partnership L.P. (the "Merger Agreement"). Upon completion of the merger, the Reporting Person's shares of the Issuer's Common Stock were cancelled and converted into the right to receive $21.50 per share in cash, without interest (the "Merger Consideration").