4//SEC Filing
McDonnough Clinton D 4
Accession 0001678463-22-000044
CIK 0001678463other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:49 PM ET
Size
10.3 KB
Accession
0001678463-22-000044
Insider Transaction Report
Form 4
Forterra, Inc.FRTA
McDonnough Clinton D
Director
Transactions
- Disposition to Issuer
Common Stock
2022-03-18$24.00/sh−71,619$1,718,856→ 0 total - Disposition to Issuer
Restricted Stock Unit
2022-03-18−4,284→ 0 total→ Common Stock (4,284 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2022-03-18−2,810→ 0 totalExercise: $18.00Exp: 2026-10-19→ Common Stock (2,810 underlying)
Footnotes (5)
- [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]Pursuant to the Merger Agreement, each option to purchase shares of Common Stock 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.
- [F3]Stock Options vested on October 19, 2017.
- [F4]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F5]Pursuant to the Merger Agreement, each restricted stock unit outstanding immediately prior to the consummation of the Merger was canceled and converted into the right to receive, without interest and less any applicable tax withholdings, $24.00 in cash.
Documents
Issuer
Forterra, Inc.
CIK 0001678463
Entity typeother
Related Parties
1- filerCIK 0001663049
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:49 PM ET
- Size
- 10.3 KB