Fuel Systems Solutions, Inc. 4
4 · Fuel Systems Solutions, Inc. · Filed Jun 1, 2016
Insider Transaction Report
Form 4
CLARKE TROY A
Director
Transactions
- Disposition to Issuer
Common Stock
2016-06-01−15,852→ 0 total
Footnotes (2)
- [F1]On June 1, 2016, Westport Innovations Inc. ("Westport") acquired Fuel Systems Solutions, Inc. (the "Company") pursuant to the Agreement and Plan of Merger by and among Westport, Whitehorse Merger Sub Inc. ("Merger Sub") and the Company, dated as of September 1, 2015, as amended by Amendment No. 1 thereto, dated as of March 6, 2016 (the "Merger Agreement"). In accordance with the Merger Agreement, Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Westport.
- [F2]At the effective time of the Merger, each outstanding share of the Company's common stock was converted into the right to receive 2.4755 common shares of Westport based on the exchange ratio provided for in the Merger Agreement.