4//SEC Filing
BARRANTES CHARLES E 4
Accession 0001249280-21-000001
CIK 0001342287other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:22 PM ET
Size
11.2 KB
Accession
0001249280-21-000001
Insider Transaction Report
Form 4
BARRANTES CHARLES E
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-05-25$19.00/sh−186,250$3,538,750→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2021-05-25−305,000→ 0 total→ Common Stock (305,000 underlying)
Footnotes (2)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 15, 2021, by and among General Finance Corporation (the "Company"), United Rentals (North America), Inc., ("Parent"), and UR Merger Sub VI Corporation ("Merger Sub"), pursuant to which the Company became a direct wholly owned subsidiary of Parent (the "Merger") on May 25, 2021 (the "Effective Time"). At the Effective Time, all of the issued and outstanding shares of the Company's common stock, par value $0.0001 per share (the "Shares") were cancelled and converted into a right to receive $19.00 in cash (the "Merger Consideration") without interest and subject to applicable withholding taxes.
- [F2]At the Effective Time, all Company Options whether vested or unvested, were cancelled and each holder of such Company Option was entitled to receive (without interest), an amount in cash equal to the product of (x) the number of Shares subject to such Company Option immediately prior to the Effective Time multiplied by (y) the excess, if any, of (A) the Offer Price of $19.00 over (B) the exercise price per Share of such Company Option, less applicable Taxes required to be withheld with respect to such payment.
Documents
Issuer
General Finance CORP
CIK 0001342287
Entity typeother
Related Parties
1- filerCIK 0001249280
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 5:22 PM ET
- Size
- 11.2 KB