4//SEC Filing
McNamara Edward 4
Accession 0001752836-22-000140
CIK 0001752836other
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 11:02 AM ET
Size
12.1 KB
Accession
0001752836-22-000140
Insider Transaction Report
Form 4
COVETRUS, INC.CVET
McNamara Edward
Director
Transactions
- Disposition to Issuer
Common Stock
2022-10-13−31,807→ 0 total - Disposition to Issuer
Restricted Stock Units
2022-10-13−14,638→ 0 total→ Common Stock (14,638 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-10-13−58,486→ 0 totalExercise: $8.60Exp: 2028-02-12→ Common Stock (58,486 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2022-10-13−18,949→ 0 totalExercise: $5.34Exp: 2027-02-08→ Common Stock (18,949 underlying)
Footnotes (4)
- [F1]In connection with the merger of Corgi Merger Sub, Inc. ("Merger Sub") with and into the Issuer (the "Merger") pursuant to that certain Agreement and Plan of Merger, dated as of May 24, 2022, as amended from time to time, by and among the Issuer, Corgi Bidco, Inc. and Merger Sub, Inc. ("Merger Agreement"), shares of common stock, par value $0.01 per share, of the Issuer (the "Shares" and each a "Share"), were converted into the right to receive $21.00 per Share in cash, without interest (the "Merger Consideration").
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
- [F3]Pursuant to the Merger Agreement, outstanding RSUs vested (to the extent unvested) and were terminated and cancelled in exchange for the right to receive a lump sum cash payment equal to (x) the number of Shares underlying such RSUs immediately prior to the effective time of the Merger, multiplied by (y) the Merger Consideration.
- [F4]Pursuant to the Merger Agreement, outstanding options were terminated and cancelled in exchange for the right to receive a lump sum cash payment equal to (x) the number of Shares underlying such options immediately prior to the effective time of the Merger, multiplied by (y) the Merger Consideration minus the applicable exercise price.
Documents
Issuer
COVETRUS, INC.
CIK 0001752836
Entity typeother
Related Parties
1- filerCIK 0001766104
Filing Metadata
- Form type
- 4
- Filed
- Oct 12, 8:00 PM ET
- Accepted
- Oct 13, 11:02 AM ET
- Size
- 12.1 KB