4//SEC Filing
Gonsoulin Alton Anthony Jr 4
Accession 0001209191-19-048196
CIK 0000350403other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 4:25 PM ET
Size
8.3 KB
Accession
0001209191-19-048196
Insider Transaction Report
Form 4
PHI INCPHIKQ
Gonsoulin Alton Anthony Jr
DirectorChief Executive Officer10% Owner
Transactions
- Disposition to Issuer
Voting Common Stock
2019-09-04−2,060,905→ 0 total - Disposition to Issuer
Non-Voting Common Stock
2019-09-04−1,361,581→ 0 total
Footnotes (5)
- [F1]On March 14, 2019, the Issuer and certain subsidiaries (together, the "Debtors") filed voluntary petitions (the "Chapter 11 Cases") in the United States Bankruptcy Court for the Northern District of Texas (the "Bankruptcy Court") seeking relief under Chapter 11 of Title 11 of the United States Code. On August 2, 2019, the Bankruptcy Court issued a written order confirming the Debtors' Third Amended Joint Plan of Reorganization, as previously supplemented and as modified by such order (as modified by a subsequent written order issued by the Bankruptcy Court on August 29, 2019, the "Plan"). On September 4, 2019 (the "Effective Date"), the Plan became effective in accordance with its terms and the Debtors emerged from bankruptcy under the Chapter 11 Cases.
- [F2]As of the Effective Date, all of the Issuer's previously-outstanding equity interests, including shares of its voting and non-voting common stock (the "Old Common Stock") and any unvested rights to acquire such equity interests, were cancelled and extinguished.
- [F3]As provided in the Plan, the Reporting Person waived any entitlement or distribution on account of any shares of Old Common Stock held by him as of the Effective Date.
- [F4]Included in this figure are (a) 222,301 unvested time-based restricted stock units and (b) 1,139,280 shares of non-voting Old Common Stock.
- [F5]As provided in the Plan, any outstanding but unvested equity awards were cancelled and extinguished for no consideration on the Effective Date.
Documents
Issuer
PHI INC
CIK 0000350403
Entity typeother
Related Parties
1- filerCIK 0001064045
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 4:25 PM ET
- Size
- 8.3 KB