Albert DuPont 4
4 · RR Donnelley & Sons Co · Filed Mar 1, 2022
Insider Transaction Report
Form 4
Albert DuPont
EVP, Chief Commercial Officer
Transactions
- Exercise/Conversion
Phantom Stock
2022-02-25−10,172→ 0 total→ Common Stock (86,849 underlying) - Disposition to Issuer
Common Stock
2022-02-25$10.85/sh−8,764.03$95,090→ 0 total - Exercise/Conversion
Common Stock
2022-02-25+10,172→ 10,172 total - Disposition to Issuer
Common Stock
2022-02-25$10.85/sh−10,172$110,366→ 0 total
Footnotes (4)
- [F1]On February 25, 2022, R. R. Donnelley & Sons Company (the "Company") was acquired by Chatham Delta Parent, Inc. ("Parent") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 14, 2021, by and among the Company, Parent, and Warrior Chatham Delta Acquisition Sub, Inc., a wholly owned subsidiary of Chatham (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each outstanding share of Company common stock converted into the right to receive $10.85 per share in cash without interest (the "Merger Consideration").
- [F2]Pursuant to the Merger Agreement, at the Effective Time, each outstanding phantom restricted stock unit converted into the right to receive the Merger Consideration.
- [F3]Each share of phantom stock is payable in shares of common stock or cash.
- [F4]Phantom stock is payable in shares of common stock or cash in three equal installments, subject to reporting person's continued employment.