4//SEC Filing
Shafer John D. 4
Accession 0001592379-19-000028
CIK 0001592379other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 5:35 PM ET
Size
8.1 KB
Accession
0001592379-19-000028
Insider Transaction Report
Form 4
Shafer John D.
Director
Transactions
- Disposition from Tender
Common Stock, par value $0.01 per share
2019-05-23$6.45/sh−35,035$225,976→ 0 total - Other
Stock Options (right to buy)
2019-05-23−8,674→ 0 totalExercise: $11.00Exp: 2024-05-01→ Common Stock (8,674 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated April 10, 2019, by and among the Issuer, MTY Franchising USA, Inc. and MTY Columbia Merger Sub, Inc (the "Merger Agreement"), on April 25, 2019, MTY Columbia Merger Sub, Inc. made an offer (the "Offer") to purchase each outstanding share of the Issuer's common stock for $6.45 per share, in cash, without interest and subject to applicable withholding. The shares shown on this line were tendered in the Offer.
- [F2]Disposed of as a result of the merger pursuant to the Merger Agreement. At the effective time of the merger as contemplated in the Merger Agreement, (i) each outstanding share of Company Common Stock, was cancelled and automatically converted into the right to receive $6.45 in cash and (ii) each Company Restricted Stock Unit and each Company Stock Option Award, vested and accelerated in full and was converted into the right to receive $6.45 in cash (or in the case of Company Stock Option Awards, the difference between the exercise price and $6.45).
- [F3]Unexercised options that were previously granted to the Reporting Person were cancelled for no consideration. Any options that had an exercise price per share that was equal to or greater than $6.45 were cancelled for no consideration, payment or right to consideration or payment.
Documents
Issuer
Papa Murphy's Holdings, Inc.
CIK 0001592379
Entity typeother
Related Parties
1- filerCIK 0001606983
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 5:35 PM ET
- Size
- 8.1 KB