Gary L. Mcarthur - Jan 3, 2025 Form 4 Insider Report for Revelyst, Inc. (GEAR)

Role
Director
Signature
/s/ Yun Jung Choi, attorney-in-fact
Stock symbol
GEAR
Transactions as of
Jan 3, 2025
Transactions value $
$0
Form type
4
Date filed
1/3/2025, 05:09 PM
Previous filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEAR Common Stock Disposed to Issuer -82.4K -100% 0 Jan 3, 2025 Direct F1, F2, F3
transaction GEAR Common Stock Disposed to Issuer -35.5K -100% 0 Jan 3, 2025 The Gary and Dana McArthur Dynasty Trust F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GEAR Deferred Stock Units Disposed to Issuer -26.4K -100% 0 Jan 3, 2025 Common Stock 26.4K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 Includes restricted stock units ("RSUs") subject to certain vesting periods and other restrictions under the Issuer's Stock Incentive Plan.
F2 On January 3, 2025 (the "Closing Date"), pursuant to that certain Agreement and Plan of Merger, dated as of October 4, 2024 (the "Merger Agreement"), among the Issuer, Vista Outdoor Inc., Cabin Ridge Inc. and Olibre LLC, each share of the Issuer's common stock ("Common Stock") (other than any such shares of Common Stock held by the Issuer, its subsidiaries or Olibre LLC) was converted into the right to receive an amount in cash equal to the Merger Consideration (as defined in the Merger Agreement).
F3 Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each RSU vested and was canceled in exchange for a lump-sum cash payment, without interest, equal to the product of (i) the number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time and (ii) the Merger Consideration.
F4 The shares are held in the trust for the benefit of the Reporting Person and his spouse. The Reporting Person is the sole trustee of this trust.
F5 Pursuant to the Merger Agreement, at the Effective Time, each deferred stock unit ("DSU"), whether vested or unvested, was canceled in exchange for a lump-sum cash payment, without interest, equal to the product of (i) the number of shares of Common Stock underlying such DSU immediately prior to the Effective Time and (ii) the Merger Consideration.