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4//SEC Filing

OLDHAM STEVEN C 4

Accession 0001209191-18-041152

CIK 0001487986other

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 4:54 PM ET

Size

5.8 KB

Accession

0001209191-18-041152

Insider Transaction Report

Form 4
Period: 2018-07-02
Transactions
  • Disposition to Issuer

    Common Stock

    2018-07-0221,5530 total
Footnotes (2)
  • [F1]Disposed of as of July 2, 2018 pursuant to the Agreement and Plan of Merger, dated as of July 9, 2017, among Cincinnati Bell Inc. ("Cincinnati Bell"), Twin Acquisition Corp. and Hawaiian Telcom Holdco Inc. ("Hawaiian Telcom") (the "Merger Agreement"), at the effective time of the transaction contemplated in the Merger Agreement (the "Merger"). Pursuant to the Merger Agreement, each share of Hawaiian Telcom common stock and each Hawaiian Telcom restricted stock unit ("RSU") previously reported in table I held by the Reporting Person was converted, at the Reporting Person's option and subject to proration procedures as set forth in the Merger Agreement, into (i) 1.6305 common shares of Cincinnati Bell, (ii) 0.6522 common shares of Cincinnati Bell plus $18.45 in cash or (iii) $30.75 in cash, in each case without interest and with fractional shares paid in cash.
  • [F2](Continued from Footnote 1) Because the proration procedures have not been completed as of the date of this filing, it is not possible to determine the exact merger consideration to be received by the Reporting Person for each share of Hawaiian Telcom common stock disposed of in the Merger. The closing price of Cincinnati Bell's common shares on July 2, 2018 was $15.65.

Issuer

Hawaiian Telcom Holdco, Inc.

CIK 0001487986

Entity typeother

Related Parties

1
  • filerCIK 0001278004

Filing Metadata

Form type
4
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:54 PM ET
Size
5.8 KB