Noe Douglass L 4
4 · Aaron's Company, Inc. · Filed Oct 7, 2024
Insider Transaction Report
Form 4
Noe Douglass L
VP, Corporate Controller
Transactions
- Disposition to Issuer
Common Stock
2024-10-03−17,588→ 15,558 total - Disposition to Issuer
Common Stock
2024-10-03−15,558→ 0 total
Footnotes (2)
- [F1]On June 16, 2024, The Aaron's Company, Inc., a Georgia corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with IQVentures Holdings, LLC, an Ohio limited liability company ("Parent" or "IQVentures"), and Polo Merger Sub, Inc., a newly formed Georgia corporation and a wholly owned subsidiary of Parent ("Merger Sub"). At the time the Merger became effective on October 3, 2024 (the "Effective Time"), each share of the Company's common stock ("Common Stock") issued and outstanding was converted automatically into the right to receive $10.10 in cash.
- [F2]At the Effective Time, each share subject to an unvested restricted stock award ("RSA") was modified to reflect an award of restricted cash in an amount equal to $10.10, which will remain subject to the vesting terms of the original RSAs.