DeMarco Patrick A. 4
4 · HANDY & HARMAN LTD. · Filed Oct 17, 2017
Insider Transaction Report
Form 4
DeMarco Patrick A.
Director
Transactions
- Sale
Common Stock, par value $0.01 per share
2017-10-12−12,801→ 0 total
Footnotes (1)
- [F1]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.