Nicole L. Weymouth - May 25, 2022 Form 4 Insider Report for VIDLER WATER RESOURCES, INC. (VWTR)

Role
Director
Signature
/s/ Nicole L Weymouth
Stock symbol
VWTR
Transactions as of
May 25, 2022
Transactions value $
-$316,544
Form type
4
Date filed
6/6/2022, 12:28 PM
Previous filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWTR Common Stock Disposed to Issuer -$317K -20.1K -100% $15.75 0 May 25, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Nicole L. Weymouth is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the Agreement and Plan of Merger, dated April 13, 2022, by and among D.R. Horton, Inc., Potable Merger Sub, Inc. and Vidler Water Resources, Inc. (the "Merger Agreement"), these restricted stock units were converted into a right of the holder to receive an amount in cash equal to the per share merger consideration of $15.75 multiplied by the number of shares of common stock subject to such restricted stock units immediately prior to the merger. Of Ms. Weymouth's restricted stock units, 18,305 restricted stock units were fully vested prior to the consummation of the transactions contemplated by the Merger Agreement, and 1,793 were accelerated immediately prior to the consummation of the transactions contemplated by the Merger Agreement.