Weisberg Robert J 4
4 · Papa Murphy's Holdings, Inc. · Filed May 28, 2019
Insider Transaction Report
Form 4
Weisberg Robert J
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2019-05-23$6.45/sh−3,000$19,350→ 0 total - Disposition from Tender
Common Stock, par value $0.01 per share
2019-05-23$6.45/sh−7,595$48,988→ 3,000 total
Footnotes (2)
- [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).