Atkin John 4
4 · AgroFresh Solutions, Inc. · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Atkin John
Director
Transactions
- Disposition to Issuer
Phantom Stock
2023-03-31$3.00/sh−40,322$120,966→ 0 totalExp: 2023-08-04→ Common Stock (40,322 underlying)
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of AGFS common stock
- [F2]Disposed of pursuant to an Agreement and Plan of Merger entered into by and among the Issuer, Project Cloud Holdings, LLC and Project Cloud Merger Sub, Inc. dated November 21, 2022 (the "Merger Agreement"). Pursuant to the Merger Agreement, each outstanding share of Issuer's common stock was converted into the right to receive $3.00 per share in cash without interest.
- [F3]This grant of phantom stock was fully vested and cashed out upon the consummation of the transactions contemplated by the Merger Agreement.