4//SEC Filing
Hunt Gary H 4
Accession 0001209191-20-007279
CIK 0001095996other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 6:12 PM ET
Size
8.3 KB
Accession
0001209191-20-007279
Insider Transaction Report
Form 4
Hunt Gary H
Director
Transactions
- Disposition to Issuer
CLASS A COMMON STOCK
2020-02-06−41,601→ 2,385 total - Disposition to Issuer
CLASS A COMMON STOCK
2020-02-06−2,385→ 0 total
Footnotes (2)
- [F1]On February 6, 2020, pursuant to that certain Agreement and Plan of Merger dated November 5, 2019 (the "Merger Agreement") among William Lyon Homes (the "Company"), Taylor Morrison Home Corporation ("TM") and Tower Merger Sub, Inc., a wholly owned subsidiary of TM ("Merger Sub"), Merger Sub merged with and into the Company (the "Merger"), with the Company surviving as a wholly owned subsidiary of TM. Pursuant to the Merger Agreement, at the effective time of the merger (the "Effective Time"), each outstanding share of Company Class A common stock and Class B common stock of the Company (other than certain excluded shares as described in the Merger Agreement) was automatically converted into the right to receive (A) 0.8000 fully paid and non-assessable shares of TM common stock, having a market value of approximately $21.86 on the date prior to the effective date of the Merger, and (B) $2.50 in cash, without interest.
- [F2]Represents restricted shares of Company Class A common stock. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding award of restricted shares of Company Class A common stock (each, a "Company Restricted Stock Award") was automatically substituted and converted into an award of a number of whole restricted shares of TM common stock (rounded down to the nearest whole share) equal to the product obtained by multiplying (i) the number of shares of Company Class A common stock subject to such Company Restricted Stock Award immediately prior to the Effective Time by (ii) the sum of (x) 0.8000 and (y) the quotient obtained by dividing $2.50 by the volume weighted average per-share price of TM stock during the ten full trading days ending on (and including) the trading day immediately preceding the Effective Time.
Documents
Issuer
WILLIAM LYON HOMES
CIK 0001095996
Entity typeother
Related Parties
1- filerCIK 0001337131
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 6:12 PM ET
- Size
- 8.3 KB