4//SEC Filing
Ahern Chris 4
Accession 0001628280-21-003007
CIK 0001296205other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 12:31 PM ET
Size
6.1 KB
Accession
0001628280-21-003007
Insider Transaction Report
Form 4
ZAGG IncZAGG
Ahern Chris
Pres., mophie & International
Transactions
- Disposition to Issuer
Common Stock
2021-02-22−170,485→ 0 total
Footnotes (3)
- [F1]Such amount includes 58,803 restricted stock units ("Company RSUs"), the vesting of which was accelerated at the Effective Time (as defined below).
- [F2]At the effective time of the merger contemplated by the Agreement and Plan of Merger, dated as of December 10, 2020, by and among ZAGG Inc (the "Company"), Zephyr Parent, Inc. and Zephyr Merger Sub, Inc. (the "Effective Time"), each issued and outstanding share of common stock of the Company (each, a "Share") held by Chris Ahern was converted into the right to receive $4.20 in cash (the "Cash Consideration") and one "PPP Loan Forgiveness Right" representing the contingent right to receive and additional amount, net of certain fees and expenses, contingent upon the satisfaction of certain conditions related to the U.S. Small Business Administration Paycheck Protection Program Loan issued to ZAGG on April 13, 2020, without interest and subject to any applicable withholding taxes.
- [F3]At the Effective Time, each outstanding Company RSU was converted into the right to receive the Cash Consideration multiplied by the aggregate number of Shares underlying such Company RSU and an aggregate number of PPP Loan Forgiveness Rights equal to the number of Shares underlying such Company RSU.
Documents
Issuer
ZAGG Inc
CIK 0001296205
Entity typeother
Related Parties
1- filerCIK 0001700772
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 12:31 PM ET
- Size
- 6.1 KB