4//SEC Filing
PERTCHIK JONATHAN 4
Accession 0001104659-23-060373
CIK 0001378453other
Filed
May 14, 8:00 PM ET
Accepted
May 15, 9:53 AM ET
Size
7.8 KB
Accession
0001104659-23-060373
Insider Transaction Report
Form 4
PERTCHIK JONATHAN
DirectorChief Executive Officer
Transactions
- Gift
Common Stock
2023-05-12−2,325→ 308,574 total - Disposition to Issuer
Common Stock
2023-05-15$86.00/sh−308,574$26,537,364→ 0 total
Footnotes (3)
- [F1]Mr. Pertchik donated 2,325 shares of Issuer common stock, par value $0.001 ("Company Stock") to a donor advised fund. No shares were sold by the reporting person.
- [F2]On May 15, 2023, BP Products North America Inc. ("Parent") acquired all of the common shares of the Issuer pursuant to the terms of the Agreement and Plan of Merger, dated as of February 15, 2023 (the "Merger Agreement"), entered into by and among the Issuer, Parent and Bluestar RTM Inc., an indirect wholly-owned subsidiary of Parent ("Merger Subsidiary"). Pursuant to the Merger Agreement, Merger Subsidiary merged with and into the Issuer, with the Issuer surviving as an indirect wholly-owned subsidiary of Parent (the "Merger").
- [F3]Reflects that each share of Company Stock, that was outstanding immediately prior to the effective time of the Merger (the "Effective Time") was converted into the right to receive $86.00 in cash, without interest, subject to the terms and conditions of the merger agreement (the "Merger Consideration"). Immediately prior to the Merger, any shares of Company Stock granted subject to vesting or other lapse restrictions under any Company Stock Plan (as defined in the Merger Agreement) vested in full and became free of such restrictions as of the Effective Time and converted into the right to receive an amount in cash equal to the Merger Consideration, less any applicable withholding taxes.
Documents
Issuer
TravelCenters of America Inc. /MD/
CIK 0001378453
Entity typeother
Related Parties
1- filerCIK 0001443952
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 9:53 AM ET
- Size
- 7.8 KB