Fisher Truman Joseph III 4
4 · Highpower International, Inc. · Filed Nov 1, 2019
Insider Transaction Report
Form 4
Fisher Truman Joseph III
Director
Transactions
- Disposition to Issuer
Employee Stock Options (Right to Buy)
2019-10-30−15,000→ 0 totalExercise: $1.79Exp: 2021-06-13→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2019-10-31$4.80/sh−36,000$172,800→ 0 total
Footnotes (4)
- [F1]Disposition of shares pursuant to an agreement and plan of merger dated June 28, 2019 (the "Merger Agreement"), by and among Issuer, HPJ Parent Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent"), and HPJ Merger Sub Corp, a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub was merged with and into Issuer (the "Merger"), with Issuer surviving the Merger as a wholly owned subsidiary of Parent.
- [F2]See footnote 1.
- [F3]In the Merger, shares were cancelled and converted into the right to receive $4.80 in cash, without interest, less any applicable withholding taxes.
- [F4]Options cancelled by Issuer prior to consummation of the Merger.