4//SEC Filing
Con-way Inc. 4
Accession 0001228306-15-000008
CIK 0000023675operating
Filed
Nov 1, 7:00 PM ET
Accepted
Nov 2, 1:45 PM ET
Size
15.3 KB
Accession
0001228306-15-000008
Insider Transaction Report
Form 4
Con-way Inc.CNW
KRULL STEPHEN K
EVP, General Counsel & Sec.
Transactions
- Award
Common Stock
2015-10-30+17,802→ 35,604 total - Award
Common Stock
2015-10-30+11,012→ 28,814 total - Disposition from Tender
Common Stock
2015-10-30$47.60/sh−22,012.375$1,047,789→ 28,814 total - Disposition to Issuer
Common Stock
2015-10-30−17,802→ 0 total - Disposition to Issuer
Common Stock
2015-10-30−11,012→ 17,802 total - Disposition to Issuer
Common Stock
2015-10-30−17,802→ 17,802 total - Disposition to Issuer
Common Stock
2015-10-30−11,012→ 17,802 total
Footnotes (4)
- [F1]These Restricted Stock Units ("RSUs"), which were scheduled to vest on or prior to February 29, 2016, were fully vested and cancelled pursuant to the Agreement and Plan of Merger, dated September 9, 2015, among the issuer, XPO Logistics, Inc. ("XPO") and Canada Merger Corp. (the "Merger Agreement"), in exchange for a cash amount equal to the per share merger consideration of $47.60 (the "Per Share Merger Consideration") multiplied by number of shares of the issuers common stock ("Shares") subject to such RSU.
- [F2]Because the reporting person has received notice from XPO that he will experience a severance-qualifying termination of employment upon the completion of the merger, the Merger Agreement and applicable letter agreement provides that these PSPUs were cancelled and converted into a cash amount equal to the product (rounded to the nearest whole cent) of (i) the number of Shares subject to such PSPUs (determined assuming that performance-based vesting conditions applicable to the PSPUs are satisfied at target) and (ii) the Per Share Merger Consideration.
- [F3]These Performance Share Plan Units ("PSPUs"), which were scheduled to vest on or prior to February 29, 2016, were fully vested (with the performance-based vesting conditions deemed satisfied at target) and cancelled in exchange for a cash amount equal to the Per Share Merger Consideration multiplied by number of Shares subject to such PSPU.
- [F4]Because the reporting person has received notice from XPO that he will experience a severance-qualifying termination of employment upon the completion of the merger, the Merger Agreement and applicable letter agreement provides that these RSUs were cancelled and converted into a cash amount equal to the product (rounded to the nearest whole cent) of (i) the number of Shares subject to such RSUs and (ii) the Per Share Merger Consideration.
Documents
Issuer
Con-way Inc.
CIK 0000023675
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000023675
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 7:00 PM ET
- Accepted
- Nov 2, 1:45 PM ET
- Size
- 15.3 KB