4//SEC Filing
Davis Eric Wayne 4
Accession 0001356949-21-000011
CIK 0001356949other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 8:46 PM ET
Size
10.2 KB
Accession
0001356949-21-000011
Insider Transaction Report
Form 4
Davis Eric Wayne
VP & CFO
Transactions
- Disposition to Issuer
COMMON STOCK
2021-06-15−77,652→ 0 total - Disposition to Issuer
RESTRICTED STOCK UNIT
2021-06-15−2,051→ 0 total→ COMMON STOCK (2,051 underlying) - Disposition to Issuer
STOCK OPTION
2021-06-15−5,000→ 0 totalExercise: $5000.00Exp: 2021-12-20→ COMMON STOCK (5,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 24, 2021, by and among the Omni Cable, LLC, OCDFH Acquisition Sub Inc. ("Merger Sub") and Houston Wire & Cable Company (the "Issuer"), effective as of the effective time of the merger of Merger Sub with and into the Issuer (the "Merger"), these shares of the Issuer's common stock were canceled and converted into the right to receive $5.30 in cash per share (the "Merger Consideration"). The number of shares reported includes 61,142 shares of restricted stock subject to vesting considerations previously reported, which vested in full upon consummation of the Merger.
- [F2]The number of restricted stock units reported includes 2,051 restricted stock units subject to time-based vesting conditions previously reported, which vested in full upon consummation of the Merger. Pursuant to the Merger Agreement, effective as of the effective time of the Merger these restricted stock units were canceled and converted into the right to receive the Merger Consideration.
- [F3]These stock options vested in one-third increments on each of the first three anniversaries of the grant date.
- [F4]Pursuant to the Merger Agreement, these outstanding vested stock options were cancelled without any payment to the reporting person, since the exercise price was greater than the Merger Consideration.
Documents
Issuer
Houston Wire & Cable CO
CIK 0001356949
Entity typeother
Related Parties
1- filerCIK 0001815877
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 8:46 PM ET
- Size
- 10.2 KB