4//SEC Filing
Woodworth Douglas 4
Accession 0001225208-17-016291
CIK 0000106618other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 6:07 PM ET
Size
9.2 KB
Accession
0001225208-17-016291
Insider Transaction Report
Form 4
Woodworth Douglas
Senior Vice President and CFO
Transactions
- Tax Payment
Common Stock, par value $0.01 per share
2017-10-12$30.25/sh−1,196$36,179→ 4,191 total - Other
Common Stock, par value $0.01 per share
2017-10-12−1,233→ 2,958 total - Sale
Common Stock, par value $0.01 per share
2017-10-12−2,958→ 0 total
Footnotes (4)
- [F1]Represents shares withheld to satisfy tax withholding obligations upon the accelerated vesting of shares of restricted stock pursuant to the Merger Agreement.
- [F2]Represents unvested restricted stock as to which vesting was accelerated and which then were automatically canceled and converted (net of the amount disclosed pursuant to footnote 1 above) pursuant to the Merger Agreement into the transaction consideration, together with cash in lieu of any fractional SPLP preferred units.
- [F3]Tendered into the exchange offer made pursuant to the June 26, 2017 Agreement and Plan of Merger by and among Issuer, Steel Partners Holdings L.P. (SPLP), and Handy Acquisition Co., a wholly owned subsidiary of SPLP (the Merger Agreement), pursuant to which each validly tendered share of Issuer common stock was exchanged for 1.484 6.0% Series A preferred units of SPLP (the transaction consideration), together with cash in lieu of any fractional SPLP preferred units, upon the terms and subject to the conditions set forth in the prospectus/offer to exchange and the related letter of transmittal filed by SPLP with the Securities and Exchange Commission on September 13, 2017 (together with any amendments and supplements thereto). The market value of the transaction consideration is $30.57, based on the trading price of the SPLP preferred units as of the end of trading on October 11, 2017.
- [F4]The Reporting Person is also a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding common stock.
Documents
Issuer
HANDY & HARMAN LTD.
CIK 0000106618
Entity typeother
Related Parties
1- filerCIK 0001675437
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 6:07 PM ET
- Size
- 9.2 KB