Konenkamp Stephen J. 4
4 · HD Supply Holdings, Inc. · Filed Dec 28, 2020
Insider Transaction Report
Form 4
Konenkamp Stephen J.
Director
Transactions
- Disposition from Tender
Common Stock
2020-12-24$56.00/sh−1,000$56,000→ 0 total - Disposition to Issuer
Restricted Stock Units
2020-12-24−4,420→ 0 totalExercise: $0.00→ Common Stock (4,420 underlying) - Disposition to Issuer
Restricted Stock Units
2020-12-24−2,020→ 0 totalExercise: $0.00→ Common Stock (2,020 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger dated November 15, 2020 (the "Merger Agreement"), among The Home Depot, Inc. ("Parent"), Coronado Acquisition Sub Inc., a wholly owned subsidiary of Parent ("Merger Sub") and HD Supply Holdings, Inc. (the "Issuer"), on December 24, 2020, Merger Sub completed a cash tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer (the "merger"). Immediately prior to the effective time of the merger, each outstanding Issuer restricted stock unit and deferred stock unit, whether vested or unvested, was cancelled and converted into the right to receive $56.00 in cash less applicable tax withholding.
- [F2]Represents shares of common stock that were either tendered in the tender offer at a price of $56.00 per share in cash and less applicable tax withholding, or shares of common stock that, pursuant to the terms of the Merger Agreement and immediately prior to the effective time of the merger, were cancelled and converted into the right to receive $56.00 per share in cash and less applicable tax withholding.