| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVA | Common Stock, $.10 par value | Disposed to Issuer | -155K | -100% | 0 | Nov 30, 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVA | Option to purchase common stock (right to buy) | Disposed to Issuer | -$3.16M | -250K | -100% | $12.63 | 0 | Nov 30, 2021 | Common Stock, $.10 par value | 250K | $7.62 | Direct | F2, F3 |
| transaction | CVA | Performance Stock Units | Disposed to Issuer | -112K | -100% | 0 | Nov 30, 2021 | Common Stock, $.10 par value | 112K | Direct | F4 | |||
| transaction | CVA | Performance Stock Units | Disposed to Issuer | -75.6K | -100% | 0 | Nov 30, 2021 | Common Stock, $.10 par value | 75.6K | Direct | F5 |
Bradford Helgeson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | On the date of the merger between EQT Infrastructure and the Issuer, these shares of the Issuer's common stock were contributed to a limited partnership affiliated with EQT Infrastructure in exchange for units of the limited partnership. The Issuer shares were valued at $20.25 per share which is the cash price payable to holders of the Issuer's shares in the merger (the "Merger Consideration"). |
| F2 | The stock options which provided for vesting in equal installments over three years beginning October 29, 2021, were canceled in the merger in exchange for a cash payment of $3,157,500, representing the difference between the exercise price of the option and the Merger Consideration. |
| F3 | The stock options expire three years after vesting. |
| F4 | Represents free cash flow per share performance stock units previously granted to the reporting person pursuant to the Issuer's equity compensation plan on March 7, 2019, March 11, 2020 and March 4, 2021. Pursuant to the merger agreement, these performance stock units were canceled and converted into the right to receive an amount in cash equal to the product of (x) the Merger Consideration and (y) the number of shares of the Issuer's common stock issuable pursuant to the performance stock units assuming performance at 142%, 200%, and 200% target levels, respectively. |
| F5 | Represents total stockholder return performance stock units previously granted to the reporting person pursuant to the Issuer's equity compensation plan on March 7, 2019, March 11, 2020 and March 4, 2021. Pursuant to the merger agreement, these performance stock units were canceled and converted into the right to receive an amount in cash equal to the product of (x) the Merger Consideration and (y) the number of shares of the Issuer's common stock issuable pursuant to the performance stock units assuming performance at 68%, 108%, and 190% target levels, respectively. |