4//SEC Filing
Hempel Robert Patrick 4
Accession 0001214659-24-021153
CIK 0000065759other
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 5:26 PM ET
Size
6.6 KB
Accession
0001214659-24-021153
Insider Transaction Report
Form 4
Hempel Robert Patrick
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2024-12-30$20.00/sh−1,952,577$39,051,540→ 0 total(indirect: See Footnotes)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated November 1, 2024, by and among Micropac Industries, Inc., a Delaware corporation (the "Issuer"), Teledyne Technologies Incorporated, a Delaware corporation and Harrier Merger Sub, Inc., a Delaware corporation, each share of common stock, par value $0.10 per share of the Issuer, was canceled and converted into the right to receive $20.00 per share in cash without interest, subject to required withholding of taxes.
- [F2]The referenced securities are owned directly by Micropac Industries, Inc. Vermoegensverwaltungsgesellschaft buergerlichen Rechts, a partnership organized under the laws of the Federal Republic of Germany (the "Partnership"). Prior to August 8, 2023, the Partnership was owned 99.98% by Mr. Heinz-Werner Hempel and 0.01% by each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe (formerly known as Ms. Maria Theresa Hempel). Upon the death of Mr. Heinz-Werner Hempel on August 8. 2023, and pursuant to the provisions of his last will and testament, each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe became successors to 50% of his interest in the Partnership, such that each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe now have a 50% interest in the Partnership.
- [F3]By virtue of their status as partners in the Partnership and their related rights and powers, each of Mr. Robert Patrick Hempel and Ms. Maria Hempel-Bowe may be deemed to beneficially own the shares of the Company that are beneficially owned by the Partnership.
Documents
Issuer
MICROPAC INDUSTRIES INC
CIK 0000065759
Entity typeother
Related Parties
1- filerCIK 0002038753
Filing Metadata
- Form type
- 4
- Filed
- Dec 29, 7:00 PM ET
- Accepted
- Dec 30, 5:26 PM ET
- Size
- 6.6 KB