AVERY PAUL E 4
4 · Benefytt Technologies, Inc. · Filed Aug 25, 2020
Insider Transaction Report
Form 4
AVERY PAUL E
Director
Transactions
- Disposition from Tender
Class A Common Stock
2020-08-21$31.00/sh−51,600$1,599,600→ 0 total
Footnotes (2)
- [F1]On August 21, 2020, Daylight Beta Corp., a Delaware corporation ("Purchaser") and a wholly owned subsidiary of Daylight Beta Parent Corp., a Delaware corporation ("Parent"), successfully completed the tender offer ("Tender Offer") for all issued and outstanding shares of the common stock of Benefytt Technologies, Inc., a Delaware corporation (the "Issuer"), pursuant to that certain Agreement and Plan of Merger dated July 12, 2020 (the "Merger Agreement"), by and among Issuer, Parent and Purchaser. Following the Tender Offer, on August 21, 2020, Purchaser merged with and into Issuer with Issuer surviving the merger as a wholly owned and indirect subsidiary of Parent (the "Merger"). In connection with the Merger, the reporting person is no longer a director of Issuer, effective on August 21, 2020.
- [F2]Represents shares tendered to the Purchaser in connection with the Tender Offer.