4//SEC Filing
Baker Gregory B 4
Accession 0001544342-21-000003
CIK 0001342287other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:37 PM ET
Size
11.2 KB
Accession
0001544342-21-000003
Insider Transaction Report
Form 4
Baker Gregory B
CFO of Royal Wolf Holdings Ltd
Transactions
- Disposition to Issuer
Common Stock
2021-05-25$19.00/sh−65,813$1,250,447→ 0 total - Disposition to Issuer
Restricted Share Unit
2021-05-25−15,025→ 0 total→ Common Stock (15,025 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, (A) any vesting conditions applicable to each outstanding Company RSU automatically accelerated in full, and (B) each Company RSU was cancelled and entitled the holder of such Company RSU to receive (without interest), an amount in cash equal to (x) the number of Shares subject to such Company RSU immediately prior to the Effective Time multiplied by (y) the Offer Price, 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 0001544342
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 5:37 PM ET
- Size
- 11.2 KB