4//SEC Filing
Watson Karl 4
Accession 0001678463-22-000039
CIK 0001678463other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:41 PM ET
Size
8.0 KB
Accession
0001678463-22-000039
Insider Transaction Report
Form 4
Forterra, Inc.FRTA
Watson Karl
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Restricted Stock Unit
2022-03-18−307,767→ 0 total→ Common Stock (307,767 underlying) - Disposition to Issuer
Common Stock
2022-03-18−1,165,324→ 0 total
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of February 19, 2021 (the "Merger Agreement"), by and among Forterra, Inc., a Delaware corporation, (the "Company", Quikrete Holdings, Inc., a Delaware corporation ("Parent"), and Jordan Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Company (the "Merger"), with the Company continuing as the surviving corporation in the Merger and a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001 per share, of the Company ("Common Stock") was canceled and converted automatically into the right to receive $24.00 per share in cash, without interest and less any applicable tax withholdings.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]Pursuant to the Merger Agreement, each restricted stock unit immediately prior to the effective time of the Merger fully vested and converted into the right to receive, without interest and less any applicable tax withholdings, $24.00 in cash.
- [F4]Granted as compensation for services.
Documents
Issuer
Forterra, Inc.
CIK 0001678463
Entity typeother
Related Parties
1- filerCIK 0001727355
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:41 PM ET
- Size
- 8.0 KB