4//SEC Filing
Fernandez Ivelisse 4
Accession 0001209191-22-007006
CIK 0001171662other
Filed
Feb 2, 7:00 PM ET
Accepted
Feb 3, 7:19 PM ET
Size
7.5 KB
Accession
0001209191-22-007006
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Common Stock
2022-02-01$36.00/sh−32,843$1,182,348→ 0 total - Award
Common Stock
2022-02-01+22,116→ 32,843 total
Footnotes (3)
- [F1]Shares represent common stock earned pursuant to the grant of Performance Shares. Pursuant to the Merger Agreement between Triple-S Management Corporation (the "Issuer"), GuideWell Mutual Holding Corporation and GuideWell Merger, Inc. dated August 23, 2021 (the "Merger Agreement"), such Performance Shares were granted based on a performance metric agreed to by the parties in the Merger Agreement. The Performance Shares resulting in the right to receive such shares of Common Stock do not constitute derivative securities. As a result, such Performance Shares were nor required to be reported and were not reported on a Form 4 at the time of the award.
- [F2]The amount of securities beneficially owned reported in Column 4 includes certain restricted stock that was accelerated and vested in accordance with the the terms of the Merger Agreement. In addition, the amount of securities reported in Column 4 reflects 2,952 less shares of common stock which were previously retained for tax purposes and not previously reported.
- [F3]Pursuant to the terms of the Merger Agreement, all issued and outstanding shares of the Issuer were acquired at $36 per share.
Documents
Issuer
TRIPLE-S MANAGEMENT CORP
CIK 0001171662
Entity typeother
Related Parties
1- filerCIK 0001749321
Filing Metadata
- Form type
- 4
- Filed
- Feb 2, 7:00 PM ET
- Accepted
- Feb 3, 7:19 PM ET
- Size
- 7.5 KB