4//SEC Filing
AdvancePierre Foods Holdings, Inc. 4
Accession 0001209191-17-038388
CIK 0001669792operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 5:59 PM ET
Size
7.9 KB
Accession
0001209191-17-038388
Insider Transaction Report
Form 4
Harson Linn S.
SVP, General Counsel, Corp Sec
Transactions
- Disposition to Issuer
Common Stock
2017-06-07$40.25/sh−22,587$909,127→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2017-06-07−9,278→ 0 totalExercise: $25.69Exp: 2026-08-26→ Common Stock (9,278 underlying)
Footnotes (2)
- [F1]Upon the closing of the merger (the "Merger") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 25, 2017, by and among AdvancePierre Foods Holdings, Inc. (the "Issuer"), Tyson Foods, Inc. and DVB Merger Sub, Inc., each outstanding share of Issuer common stock ("Common Stock") was cancelled and converted into the right to receive a cash payment of $40.25 per share (the "Merger Consideration"), and each outstanding Issuer restricted stock unit was converted into the right to receive an amount of cash equal to the Merger Consideration.
- [F2]Option terms provided for vesting over a three-year period with 1/3 of the options becoming exercisable on each of July 27, 2017, July 27, 2018, and July 27, 2019. Disposed of pursuant to the Merger Agreement whereby each Issuer stock option was canceled and converted into the right to receive an amount in cash equal to the excess, if any, of the Merger Consideration over the applicable exercise price of such canceled option.
Documents
Issuer
AdvancePierre Foods Holdings, Inc.
CIK 0001669792
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001669792
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 5:59 PM ET
- Size
- 7.9 KB