Pendergast Douglas R. 4
4 · Fogo de Chao, Inc. · Filed Apr 9, 2018
Insider Transaction Report
Form 4
Pendergast Douglas R.
Director
Transactions
- Disposition to Issuer
Common Stock
2018-04-05$15.75/sh−16,610$261,608→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2018-04-05−2,316→ 0 totalExercise: $10.78Exp: 2024-12-05→ Common (2,316 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the consummation of the transactions contemplated by the merger agreement between issuer and affiliates of Rhone Capital for cash payment of $15.75 per share on the closing date of the merger.
- [F2]In connection with the closing of the merger, all restrictions on each share of restricted issuer stock outstanding, including all restrictions related to performance-based vesting conditions, lapsed and all such shares were canceled in exchange for payment of $15.75 per share and retired. Reporting person held 2,567 restricted shares prior to the merger.
- [F3]This option, which was vested, was canceled in the merger in exchange for the per share cash payment of $4.97, representing the difference between the exercise price of the option and $15.75, the per share merger consideration for the issuer's common stock on the closing date of the merger.