4//SEC Filing
Duha Olivier 4
Accession 0001803599-23-000203
CIK 0001803599other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 8:58 PM ET
Size
12.1 KB
Accession
0001803599-23-000203
Insider Transaction Report
Form 4
Concentrix CorpCNXC
Duha Olivier
Director
Transactions
- Award
Common Stock
2023-09-25+1,177,480→ 1,177,480 total - Award
Common Stock
2023-09-25+1,173→ 1,178,653 total - Award
Common Stock
2023-09-25+322,066→ 322,066 total(indirect: By Montana, a societe simple, organized under the Laws of Belgium) - Award
Common Stock
2023-09-25+36,041→ 36,041 total(indirect: By Liberty Management, a societe a responsabilite limitee, organized under the laws of Belgium)
Footnotes (5)
- [F1]On September 25, 2023, the Issuer completed its acquisition of the issued and outstanding capital stock of Marnix Lux SA, a public limited company (societe anonyme) organized under the Laws of the Grand Duchy of Luxembourg ("Marnix Lux"), the parent company of Webhelp, pursuant to the Share Purchase and Contribution Agreement dated June 12, 2023, as amended by the First Amendment to the Share Purchase and Contribution Agreement, dated July 14, 2023 by and among the Issuer, OSYRIS S.a.r.l., Marnix Lux and the holders of Marnix Lux (the "Transaction", and such agreement, as amended, the "Agreement").
- [F2]In connection with the Transaction, the Reporting Person received 1,177,480 shares of the Issuer as well as cash, a portion of the Sellers' Note (as defined in the Agreement) and a contractual right to receive up to an additional 59,421 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan (as defined in the Agreement) received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 17,551,332 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
- [F3]Represents restricted stock units under the 2020 Stock Incentive Plan. The restricted stock units vest in full on the date of the Issuer's 2024 Annual Meeting of Stockholders.
- [F4]In connection with the Transaction, the Reporting Person received 322,066 shares of the Issuer as well as cash, a portion of the Sellers' Note and a contractual right to receive up to an additional 16,252 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 4,839,231 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
- [F5]In connection with the Transaction, the Reporting Person received 36,041 shares of the Issuer as well as cash, a portion of the Sellers' Note and a contractual right to receive up to an additional 1,818 shares of the Issuer subject to certain conditions set forth in the Agreement (which right became fixed and irrevocable on the effective date of the Transaction) in exchange for (i) certain shares of Marnix Lux and (ii) the contribution of a Vendor Loan received in connection with the acquisition by the Issuer of certain other shares of Marnix Lux, representing a total of 1,071,490 shares of Marnix Lux. On the effective date of the Transaction, the closing price of Concentrix' common stock was $73.92 per share.
Documents
Issuer
Concentrix Corp
CIK 0001803599
Entity typeother
Related Parties
1- filerCIK 0001994484
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 8:58 PM ET
- Size
- 12.1 KB