Mike S. Zafirovski - 29 Mar 2022 Form 4 Insider Report for Apria, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 29 Mar 2022
Net transaction value: -$4,793,775
SEC form: 4
Accepted by SEC: 29 Mar 2022, 16:31:03 UTC
Prior SEC filing: 14 Jun 2021
Next SEC filing: 27 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Debra L. Morris, as Attorney-in-Fact

Key filing fact

Mike S. Zafirovski filed Form 4 for Apria, Inc. on 29 Mar 2022.

Key facts

This page summarizes Mike S. Zafirovski's Form 4 filing for Apria, Inc..
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 29 Mar 2022, 16:31.

Change

Previous filing in this sequence was filed on 14 Jun 2021.
Current net transaction value: -$4,793,775.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APR transaction

Common Stock

Disposed to Issuer

Transaction value: $4,604,062
Shares: -122,775
Change %: -100%
Price: $37.50
Shares after: 0
Date: 29 Mar 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APR transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $189,712
Shares: -5,059
Change %: -100%
Price: $37.50
Shares after: 0
Date: 29 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,059
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Mike S. Zafirovski is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On March 29, 2022, Owens & Minor, Inc. ("Owens & Minor") acquired the Issuer pursuant to a certain Agreement and Plan of Merger, dated as of January 7, 2022 (the "Merger Agreement"), by and among the Issuer, Owens & Minor and StoneOak Merger Sub Inc., an indirect, wholly owned subsidiary of Owens & Minor ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as an indirect, wholly owned subsidiary of Owens & Minor. At the effective time of the Merger, each issued and outstanding share of the Issuer's Common Stock (other than certain excluded shares) automatically converted into the right to receive $37.50 per share in cash (the "Merger Consideration"), without interest and subject to applicable withholding tax.

Footnote F2

Represents a contingent right to receive one share of the Issuer's Common Stock payable in Common Stock, cash or a combination thereof at the discretion of the Issuer's Compensation Committee.

Footnote F3

Pursuant to the Merger Agreement, each restricted stock unit ("RSU") became fully vested and cancelled and entitled the holder to receive an amount of cash, without interest and subject to deduction for any required tax withholding, equal to the number of shares of Common Stock subject to such RSU, immediately prior to the effective time of the Merger, multiplied by the Merger Consideration.

Footnote F4

Represents RSUs granted in 2021, which were originally scheduled to vest on the earlier of (i) June 10, 2022 and (ii) the first regularly scheduled annual meeting of the stockholders of the Company following the grant date.