Home/Filings/4/0001562180-21-000609
4//SEC Filing

Underhill James F 4

Accession 0001562180-21-000609

CIK 0001688941other

Filed

Jan 28, 7:00 PM ET

Accepted

Jan 29, 9:07 AM ET

Size

8.0 KB

Accession

0001562180-21-000609

Insider Transaction Report

Form 4
Period: 2021-01-29
Transactions
  • Disposition to Issuer

    Restricted Stock Unit

    2021-01-295,2320 total
    Common Stock (5,232 underlying)
  • Disposition to Issuer

    Common Stock

    2021-01-29$19.25/sh13,743$264,5530 total
Footnotes (3)
  • [F1]Pursuant to the Agreement and Plan of Merger, dated as of November 14, 2020 (the "Merger Agreement") by and among the Company, ASP Flag Intermediate Holdings, Inc., a Delaware corporation ("Parent") and ASP Flag Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), on January 29, 2021, Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the "Merger"). Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001 per share, of the Company (each, a "Share") was canceled and converted automatically into the right to receive $19.25 per share in cash, without interest and less any applicable tax withholdings.
  • [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one Share.
  • [F3]Pursuant to the Merger Agreement, each RSU outstanding immediately prior to the consummation of the Merger was canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $19.25 in cash.

Issuer

Foundation Building Materials, Inc.

CIK 0001688941

Entity typeother

Related Parties

1
  • filerCIK 0001546227

Filing Metadata

Form type
4
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 9:07 AM ET
Size
8.0 KB