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4//SEC Filing

Fresh Market, Inc. 4

Accession 0001214659-16-011024

CIK 0001489979operating

Filed

Apr 26, 8:00 PM ET

Accepted

Apr 27, 7:00 PM ET

Size

8.2 KB

Accession

0001214659-16-011024

Insider Transaction Report

Form 4
Period: 2016-04-27
Transactions
  • Disposition to Issuer

    Common stock

    2016-04-27$28.50/sh4,076$116,1660 total
  • Disposition to Issuer

    Restricted stock units

    2016-04-27$28.50/sh2,768$78,8880 total
    Common stock (2,768 underlying)
Footnotes (3)
  • [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated March 11, 2016, by and among The Fresh Market, Inc., Pomegranate Holdings, Inc., and Pomegranate Merger Sub, Inc. (the "Merger Agreement"), each outstanding share of common stock of The Fresh Market, Inc. was converted automatically into the right to receive $28.50 per share, in cash, without interest (the "Merger Consideration").
  • [F2]Each restricted stock unit ("RSU") represents the right to receive one share of common stock of The Fresh Market, Inc. on the vesting date, provided that the holder of the RSU continues to provide services to The Fresh Market, Inc. or its affiliates through the relevant vesting date.
  • [F3]The RSUs were granted on June 3, 2015 and vest on the earlier of (i) the first anniversary of the grant date and (ii) the first annual meeting of stockholders of The Fresh Market, Inc. after the grant date. Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the Effective Time as defined in the Merger Agreement (the "Effective Time") was canceled and the holder thereof became entitled to receive solely, in full satisfaction of the rights of such holder with respect thereto, a lump-sum cash payment equal to the product of (i) the number of RSUs immediately prior to the Effective Time and (ii) the Merger Consideration.

Issuer

Fresh Market, Inc.

CIK 0001489979

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001489979

Filing Metadata

Form type
4
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 7:00 PM ET
Size
8.2 KB