4//SEC Filing
Angus Ted F. 4
Accession 0001591587-24-000079
CIK 0001591587other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 4:05 PM ET
Size
16.4 KB
Accession
0001591587-24-000079
Insider Transaction Report
Form 4
Angus Ted F.
EVP, General Counsel
Transactions
- Disposition to Issuer
Stock Appreciation Right
2024-09-05−80,377→ 0 totalExp: 2030-06-09→ Common Stock (80,377 underlying) - Disposition to Issuer
Common Stock
2024-09-05$35.25/sh−1,159$40,855→ 0 total(indirect: By Children) - Disposition to Issuer
Employee Stock Option (right to buy)
2024-09-05−62,095→ 0 totalExp: 2029-07-17→ Common Stock (62,095 underlying) - Disposition to Issuer
Common Stock
2024-09-05$35.25/sh−107,851$3,801,748→ 0 total - Disposition to Issuer
Stock Appreciation Right
2024-09-05−82,703→ 0 totalExp: 2032-06-08→ Common Stock (82,703 underlying) - Disposition to Issuer
Stock Appreciation Right
2024-09-05−73,171→ 0 totalExp: 2031-06-09→ Common Stock (73,171 underlying)
Footnotes (5)
- [F1]Represents shares disposed of as a result of the merger pursuant to the previously announced Agreement and Plan of Merger, dated as of April 25, 2024, by and among AssetMark Financial Holdings, Inc., GTCR Everest Borrower, LLC and GTCR Everest Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the merger contemplated thereby (the "Effective Time"), each share of common stock held by the reporting person was converted automatically into the right to receive $35.25 per share in cash (the "Merger Consideration").
- [F2]Includes shares of common stock underlying restricted stock units. Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit held by the reporting person was canceled and converted automatically into the right to receive the Merger Consideration.
- [F3]The Reporting Person disclaims beneficial ownership of the shares held directly by his college-aged child, and this Report should not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
- [F4]Pursuant to the Merger Agreement, at the Effective Time, each stock option with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each share of common stock underlying such stock option, the excess (if any) of the Merger Consideration over the applicable exercise price.
- [F5]Pursuant to the Merger Agreement, at the Effective Time, each stock appreciation right with respect to shares of common stock held by the reporting person was canceled and converted automatically into the right to receive an amount in cash equal to, with respect to each stock appreciation right, the excess (if any) of the Merger Consideration over the applicable exercise price.
Documents
Issuer
AssetMark Financial Holdings, Inc.
CIK 0001591587
Entity typeother
Related Parties
1- filerCIK 0001782568
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 4:05 PM ET
- Size
- 16.4 KB