4//SEC Filing
Kim Roy 4
Accession 0000899243-21-041090
CIK 0000766701other
Filed
Oct 20, 8:00 PM ET
Accepted
Oct 21, 8:53 PM ET
Size
13.8 KB
Accession
0000899243-21-041090
Insider Transaction Report
Form 4
Kim Roy
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2021-10-19+144,305→ 391,644 total - Disposition to Issuer
Common Stock
2021-10-19−391,644→ 0 total - Exercise/Conversion
Restricted Stock Units
2021-10-19−144,305→ 0 total→ Common Stock (144,305 underlying)
Footnotes (2)
- [F1]On October 19, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of July 25, 2021, and as amended by that certain First Amendment to Agreement and Plan of Merger, dated as of September 22, 2021 (as amended, the "Merger Agreement"), by and among Franklin BSP Realty Trust, Inc. ("FBRT"), Rodeo Sub I, LLC, a wholly owned subsidiary of FBRT ("Merger Sub"), the Issuer and Benefit Street Partners L.L.C., FBRT's external manager ("BSP"), the Issuer merged with and into Merger Sub with Merger Sub surviving as the continuing company (the "Merger"). At the effective time of the Merger, each share of common stock of the Issuer was converted into the right to receive (i) from FBRT, 0.3288 newly-issued shares of common stock, par value $0.01 per share, of FBRT, (ii) from FBRT, $0.21 in cash and (iii) from BSP, $0.73 in cash (the "Per Common Share Merger Consideration").
- [F2]2. Pursuant to the Merger Agreement, immediately prior to the effective time of the Merger, each outstanding performance unit held by the reporting person became earned and vested and was converted into one share of common stock of the Issuer that would be entitled to receive the Per Common Share Merger Consideration.
Issuer
CAPSTEAD MORTGAGE CORP
CIK 0000766701
Entity typeother
Related Parties
1- filerCIK 0001654522
Filing Metadata
- Form type
- 4
- Filed
- Oct 20, 8:00 PM ET
- Accepted
- Oct 21, 8:53 PM ET
- Size
- 13.8 KB