4//SEC Filing
Garcia Gabriela 4
Accession 0001104659-19-012434
CIK 0001604416other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 4:02 PM ET
Size
8.1 KB
Accession
0001104659-19-012434
Insider Transaction Report
Form 4
Garcia Gabriela
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2019-02-28−3,032→ 5,000 total - Disposition to Issuer
Common Stock
2019-02-28−5,000→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated September 17, 2018 (the "Merger Agreement"), by and among Nexeo Solutions, Inc. (the "Issuer"), Univar Inc. ("Univar"), Pilates Merger Sub I Corp and Pilates Merger Sub II LLC, each share of Issuer common stock ("Common Stock") issued and outstanding immediately prior to the Initial Effective Time (as defined in the Merger Agreement) and not otherwise excluded pursuant to the terms of the Merger Agreement, was converted into (A) 0.305 shares of common stock of Univar, par value $0.01 per share (the "Exchange Ratio") and (B) the right to receive $3.02 in cash, without interest (the "Merger Consideration").
- [F2]3,032 of these securities represent shares of Common Stock underlying Issuer restricted shares awards ("RSA") subject to time-based vesting. Pursuant to the Merger Agreement, on February 28, 2019, unvested RSAs outstanding immediately prior to the Initial Effective Time were terminated and canceled immediately prior to the Initial Effective Time and converted into the right to receive the Merger Consideration.
- [F3]These securities represent shares of Common Stock underlying Issuer performance share units awards ("PSU") subject to performance-based vesting. Pursuant to the Merger Agreement, on February 28, 2019, PSUs outstanding immediately prior to the Initial Effective Time, whether vested or unvested, were terminated and canceled immediately prior to the Initial Effective Time and converted into the right to receive the Merger Consideration with respect to the number of shares of Common Stock subject to such PSU based on actual performance as of the Initial Effective Time as determined by the Compensation Committee of the Issuer's board of directors.
Documents
Issuer
Nexeo Solutions, Inc.
CIK 0001604416
Entity typeother
Related Parties
1- filerCIK 0001676283
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 4:02 PM ET
- Size
- 8.1 KB