4//SEC Filing
Bhambri Nick 4
Accession 0001604643-23-000095
CIK 0001604643other
Filed
May 25, 8:00 PM ET
Accepted
May 26, 4:43 PM ET
Size
9.7 KB
Accession
0001604643-23-000095
Insider Transaction Report
Form 4
Bhambri Nick
Director
Transactions
- Disposition to Issuer
Common Stock
2023-05-24−26,239→ 0 total - Disposition to Issuer
Common Stock
2023-05-24−134,788→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-24−54,807→ 0 totalExercise: $4.64Exp: 2024-05-12→ Common Stock (54,807 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the merger agreement among Xylem Inc., Fore Merger Sub, Inc. and the issuer, dated as of Jan. 22, 2023. Upon effectiveness of the merger on May 24, 2023, (i) each issued and outstanding share of issuer common stock was exchanged for 0.48 Xylem common shares, with cash paid in lieu of fractional shares, and (ii) unvested restricted stock units ("RSUs") were converted into RSUs for Xylem common shares, by multiplying the number of shares of issuer common stock underlying the award and 0.48, rounded down to the nearest whole share.
- [F2]Disposed of upon effectiveness of the merger, in which each issued and outstanding share of issuer common stock was exchanged for 0.48 Xylem common shares, with cash paid in lieu of fractional shares.
- [F3]Shares held by the Nick Bhambri Revocable Trust dated June 23, 2008, of which Mr. Bhambri is trustee.
- [F4]This option is fully vested. Pursuant to the merger agreement, outstanding options for issuer common stock were assumed by Xylem and converted into options for Xylem common shares, in an amount equal to the number of shares of issuer common stock underlying the options multiplied by 0.48, rounded down to the nearest whole share.
- [F5]Pursuant to the merger agreement, the Xylem option exercise price is equal to the issuer option exercise price divided by 0.48, rounded up to the nearest whole cent.
Documents
Issuer
Evoqua Water Technologies Corp.
CIK 0001604643
Entity typeother
Related Parties
1- filerCIK 0001626233
Filing Metadata
- Form type
- 4
- Filed
- May 25, 8:00 PM ET
- Accepted
- May 26, 4:43 PM ET
- Size
- 9.7 KB