4//SEC Filing
WRIGHT VICENTE 4
Accession 0000918160-20-000043
CIK 0000918160other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 5:46 PM ET
Size
5.9 KB
Accession
0000918160-20-000043
Insider Transaction Report
Form 4
WRIGHT VICENTE
Director
Transactions
- Disposition to Issuer
Common Stock
2020-03-13−200,453.77→ 0 total
Footnotes (3)
- [F1]Reflects disposition in connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger, dated December 2, 2019 (the "Merger Agreement"), among the Issuer, Cleveland-Cliffs Inc. ("Cliffs") and Pepper Merger Sub Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Cliffs, and each share of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), outstanding immediately prior to the effective time of the Merger was converted into the right to receive 0.400 (the "Exchange Ratio") of a common share of Cliffs, together with cash in lieu of any fractional Cliffs common shares. The closing price of a share of Common Stock on March 12, 2020 (the last trading day prior to the Merger) was $1.55, and the closing price of a Cliffs common share on the same date was $4.06.
- [F2]Includes 96,184.77 restricted stock units that, pursuant to the Merger Agreement, were converted into restricted stock units with respect to 38,473 Cliffs common shares.
- [F3]Includes 61,099 shares of Common Stock held by a revocable living trust.
Documents
Issuer
AK STEEL HOLDING CORP
CIK 0000918160
Entity typeother
Related Parties
1- filerCIK 0001589825
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 5:46 PM ET
- Size
- 5.9 KB