4//SEC Filing
Butterfield William 4
Accession 0001287151-18-000120
CIK 0001287151other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 4:13 PM ET
Size
9.8 KB
Accession
0001287151-18-000120
Insider Transaction Report
Form 4
Butterfield William
Chief Technology Officer
Transactions
- Disposition to Issuer
Phantom Stock Unit
2018-10-17$13.50/sh−33,937$458,150→ 0 total→ Common Stock (33,937 underlying) - Disposition to Issuer
Common Stock
2018-10-17$13.50/sh−46,849$632,462→ 0 total - Disposition to Issuer
Phantom Stock Unit
2018-10-17$13.50/sh−20,408$275,508→ 0 total→ Common Stock (20,408 underlying)
Footnotes (3)
- [F1]Represents the conversion of outstanding shares of common stock of Xerium Technologies, Inc. (the "Company") and restricted stock units underlying the Company's 2016 Long-Term Incentive Plan, in each case, into the right to receive $13.50 per share or unit in connection with the merger of the Company with an indirect wholly owned subsidiary of Andritz AG on October 17, 2018 (the "Merger"), pursuant to an Agreement and Plan of Merger dated June 24, 2018.
- [F2]Each Phantom Stock Unit ("2018 Units") is the economic equivalent of one share of the Company's common stock and was awarded pursuant to the Company's 2018 Long-Term Incentive Plan. In connection with the Merger, on October 17, 2018, the 2018 Units vested and were converted into the right to receive 13.50 per unit.
- [F3]Each Phantom Stock Unit ("2017 Units") is the economic equivalent of one share of the Company's common stock and was awarded pursuant to the Company's 2017 Long-Term Incentive Plan. In connection with the Merger, on October 17, 2018, the 2017 Units vested and were converted into the right to receive $13.50 per unit.
Documents
Issuer
XERIUM TECHNOLOGIES INC
CIK 0001287151
Entity typeother
Related Parties
1- filerCIK 0001583853
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 4:13 PM ET
- Size
- 9.8 KB