4//SEC Filing
Ford Matthew D. 4
Accession 0000850460-24-000095
CIK 0000850460other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:45 PM ET
Size
7.9 KB
Accession
0000850460-24-000095
Insider Transaction Report
Form 4
ENCORE WIRE CORPWIRE
Ford Matthew D.
Controller
Transactions
- Gift
Common Stock, par value $0.01 per share
2024-06-28−8,000→ 71,384 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2024-07-02$290.00/sh−71,384$20,701,360→ 0 total
Footnotes (3)
- [F1]Includes 15,000 restricted stock unit awards ('RSU awards') and 1,000 restricted stock awards.
- [F2]Pursuant to the Agreement and Plan of Merger, dated as of April 14, 2024, by and among Encore Wire Corporation ('Encore'), Prysmian S.p.A., Applause Merger Sub Inc. and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC (the 'Merger Agreement'), each share of common stock of Encore ('common stock') (other than certain excluded shares specified in the Merger Agreement) that was outstanding as of immediately prior to the effective time of the merger contemplated by the Merger Agreement was cancelled, extinguished, and automatically converted into the right to receive $290.00 per share in cash, without interest.
- [F3]Pursuant to the Merger Agreement, each RSU award that was outstanding immediately prior to the Effective Time, to the extent not vested, automatically become fully vested, and each was cancelled, extinguished, and automatically converted into the right of the holder of each award to receive (without interest and subject to any applicable withholdings) an amount in cash equal to the product of (i) $290.00, multiplied by (ii) the number of shares of common stock subject to such award immediately prior to the Effective Time (together with any accrued and unpaid cash dividends corresponding to such vested RSU award). Pursuant to the Merger Agreement, immediately prior to the Effective Time, all shares of common stock then unvested and subject to an outstanding restricted stock award became fully vested and free of any applicable repurchase or forfeiture conditions.
Documents
Issuer
ENCORE WIRE CORP
CIK 0000850460
Entity typeother
Related Parties
1- filerCIK 0001465883
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:45 PM ET
- Size
- 7.9 KB