Daseke, Inc. 4
4 · Daseke, Inc. · Filed Mar 1, 2017
Insider Transaction Report
Form 4
Daseke, Inc.DSKE
DASEKE DON R
DirectorCEO and President10% Owner
Transactions
- Award
Common Stock
2017-02-27+1,308,795→ 1,308,795 total - Award
Common Stock
2017-02-27+13,757,629→ 13,757,629 total(indirect: By The Walden Group, Inc.) - Award
Common Stock
2017-02-27+28,841→ 28,841 total(indirect: By Spouse) - Award
Employee Stock Option (right to buy)
2017-02-27+130,000→ 130,000 totalExercise: $9.98Exp: 2027-02-27→ Common Stock (130,000 underlying)
Footnotes (4)
- [F1]Received pursuant to the Agreement and Plan of Merger, dated December 22, 2016 (the "Merger Agreement"), among the issuer, Daseke Companies, Inc. (f/k/a Daseke, Inc. and referred to herein as "Old Daseke"), a wholly owned subsidiary of the issuer and the Stockholder Representative (as defined therein). At the Effective Time (as defined in the Merger Agreement), each share of Old Daseke common stock issued and outstanding immediately prior to the Effective Time was automatically converted into the right to receive 144.204 shares of the issuer's common stock (rounded to the nearest whole share), upon the terms and subject to the conditions set forth in the Merger Agreement. The closing price of the issuer's common stock was $10.22 per share on the effective date of the merger.
- [F2]Held of record by The Walden Group, Inc. Mr. Daseke is the President and majority stockholder of The Walden Group, Inc. and therefore may be deemed to beneficially own all of the shares held of record thereby; however, Mr. Daseke disclaims beneficial ownership of the shares held of record by The Walden Group, Inc. except to the extent of his pecuniary interest therein.
- [F3]Held of record by Mr. Daseke's spouse. Mr. Daseke may be deemed to beneficially own all of the shares held of record by his spouse; however, Mr. Daseke disclaims beneficial ownership of the shares held of record by his spouse except to the extent of his pecuniary interest therein.
- [F4]The option vests in five equal annual installments beginning on February 27, 2018.