Dritsas Thomas G 4
4 · Del Frisco's Restaurant Group, Inc. · Filed Sep 25, 2019
Insider Transaction Report
Form 4
Dritsas Thomas G
VP Culinary & Corp. Exec. Chef
Transactions
- Disposition to Issuer
Common Stock
2019-09-25$8.00/sh−19,133$153,064→ 0 total - Disposition to Issuer
Restricted Stock Unit
2019-09-25$8.00/sh−12,685$101,480→ 0 total→ Common Stock (12,685 underlying) - Disposition to Issuer
Performance Rights
2019-09-25$8.00/sh−14,778$118,224→ 0 total→ Common Stock (14,778 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated as of June 23, 2019, by and among issuer, Harlan Parent, Inc. and Harlan Merger Sub, Inc. (the "Merger Agreement"), pursuant to which Merger Sub Inc. merged with and into the issuer (the "Merger") effective as of September 25, 2019.
- [F2]Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F3]Pursuant to the Merger Agreement, each performance stock unit outstanding immediately prior to the effective time of the Merger was canceled and converted into the right to receive an amount in cash, without interest, equal to (i) $8 multiplied by (ii) the total number of shares of common stock subject thereto. Number of underlying shares was determined based on deemed achievement of performance-based conditions at target level performance.
- [F4]Pursuant to the Merger Agreement, each restricted stock unit outstanding immediately prior to the effective time of the Merger was canceled and converted into the right to receive an amount in cash, without interest, equal to (i) $8 multiplied by (ii) the total number of shares of common stock subject thereto.