4//SEC Filing
LILLIE JAMES E 4
Accession 0001213900-25-070781
CIK 0002032966other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 6:29 PM ET
Size
13.2 KB
Accession
0001213900-25-070781
Insider Transaction Report
Form 4
ACUREN CORPTIC
LILLIE JAMES E
Director
Transactions
- Award
Restricted Stock Units
2025-07-31+9,017→ 9,017 total→ Common Stock (9,017 underlying) - Exercise/Conversion
Common Stock
2025-07-30+10,000→ 10,000 total - Exercise/Conversion
Restricted Stock Units
2025-07-30−10,000→ 0 total→ Common Stock (10,000 underlying)
Holdings
- 1,746,169(indirect: By LLC)
Common Stock
- 92,500(indirect: By LLC)
Series A Preferred Stock
→ Common Stock (92,500 underlying)
Footnotes (6)
- [F1]On July 30, 2025, 10,000 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- [F2]Mariposa Acquisition IX, LLC ("Mariposa IX") directly holds (i) 18,877,500 shares of Common Stock and (ii) 1,000,000 shares of Series A Preferred Stock ("Preferred Stock") convertible into shares of Common Stock for no additional consideration as set forth below. Mr. Lillie holds a limited liability company interest in Mariposa IX and, as a result, may be deemed to have a pecuniary interest in approximately (i) 1,746,169 shares of Common Stock and (ii) 92,500 shares of Common Stock issuable upon conversion of the Preferred Stock held by Mariposa IX. Mr. Lillie disclaims beneficial ownership of the shares of Common Stock and Preferred Stock held directly by Mariposa IX except to the extent of his pecuniary interest therein. Mr. Lillie does not have beneficial ownership over the shares of Common Stock and Preferred Stock held directly by Mariposa IX.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]These restricted stock units vest on July 30, 2025 (the one-year anniversary of the grant date).
- [F5]These restricted stock units vest on July 31, 2026 (the one-year anniversary of the grant date).
- [F6]The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock upon the earlier of (i) immediately following the "change of control dividend date" (as defined in the Issuer's certificate of incorporation) and (ii) December 31, 2034.
Documents
Issuer
ACUREN CORP
CIK 0002032966
Entity typeother
IncorporatedOntario, Canada
Related Parties
1- filerCIK 0001164470
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 6:29 PM ET
- Size
- 13.2 KB