4//SEC Filing
Bass Daniel 4
Accession 0001209191-17-067440
CIK 0001380393other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 5:38 PM ET
Size
11.8 KB
Accession
0001209191-17-067440
Insider Transaction Report
Form 4
Bass Daniel
Chief Financial Officer
Transactions
- Disposition to Issuer
Class A Shares
2017-12-27−38,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Shares
2017-12-27−112,884→ 0 total - Disposition to Issuer
Class A Shares
2017-12-27−225,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Share Units
2017-12-27$8.08/sh−398,080$3,216,486→ 0 total→ Class A Shares (398,080 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 14, 2017, as amended by Amendment No. 1, dated as of July 7, 2017 ("Merger Agreement"), by and among the issuer, SB Foundation Holdings LP. ("Parent") and Foundation Acquisition LLC, a wholly owned subsidiary of Parent, pursuant to which each of the issuer's outstanding Class A shares were converted into the right to receive $8.08 in cash, without interest, less any applicable taxes required to be withheld.
- [F2]Each Restricted Share Unit represented a contingent right to one Class A Share.
- [F3]Disposed of pursuant to the Merger Agreement, pursuant to which each restricted stock unit relating to the issuer's Class A shares, whether vested but not yet delivered or unvested, that was outstanding immediately prior to the effective time of the merger was cancelled and converted as of the effective time of the merger into the right of the holder thereof to receive a cash payment equal to the per-share merger consideration of $8.08, without interest, less any applicable withholding taxes.
- [F4]See Issuer Proxy statement for information on vesting dates.
- [F5]The rights attaching to Restricted Share Units generally terminate upon termination of employment.
Documents
Issuer
Fortress Investment Group LLC
CIK 0001380393
Entity typeother
Related Parties
1- filerCIK 0001382028
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 5:38 PM ET
- Size
- 11.8 KB