4//SEC Filing
WHERRY STEPHEN R 4
Accession 0001136385-20-000002
CIK 0000042316other
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 2:04 PM ET
Size
7.5 KB
Accession
0001136385-20-000002
Insider Transaction Report
Form 4
WHERRY STEPHEN R
CoCEO,Sr.VP,CFO,Tres,AsstSec
Transactions
- Disposition to Issuer
Common Stock
2020-12-30$7.00/sh−50,000$350,000→ 0 total - Disposition from Tender
Common Stock
2020-12-30$7.00/sh−55,000$385,000→ 0 total
Footnotes (2)
- [F1]Represents shares of common stock, par value $0.10 per share, of The Goldfield Corporation, a Delaware corporation (the "Company") that were tendered to FR Utility Services Merger Sub, Inc., a Delaware corporation ("Acquisition Sub") and a wholly owned subsidiary of FR Utility Services, Inc., a Delaware corporation ("Parent"), in the tender offer commenced by Acquisition Sub pursuant to the terms of that certain Agreement and Plan of Merger, dated as of November 23, 2020 (the "Merger Agreement"), by and among the Company, Acquisition Sub and Parent, to purchase all of the outstanding shares of common stock of the Company at a price per share of $7.00, net to the seller in cash, without interest and less any applicable withholding taxes. The tender offer expired at one minute after 11:59 p.m., New York City Time, on December 29, 2020 and Acquisition Sub accepted all shares that were validly tendered and not properly withdrawn pursuant to the tender offer.
- [F2]Pursuant to the terms of the Merger Agreement, each restricted stock unit ("RSU") that was outstanding immediately prior to the Effective Time (as defined in the Merger Agreement) vested in full and was cancelled, and the holder thereof became entitled to receive, in respect of each share subject to such RSU, $7.00 in cash, without interest and less any applicable withholding taxes.
Documents
Issuer
GOLDFIELD CORP
CIK 0000042316
Entity typeother
Related Parties
1- filerCIK 0001136385
Filing Metadata
- Form type
- 4
- Filed
- Dec 29, 7:00 PM ET
- Accepted
- Dec 30, 2:04 PM ET
- Size
- 7.5 KB