David A. Burwick - 24 Dec 2024 Form 4 Insider Report for Duckhorn Portfolio, Inc.

Role
Director
Signature
/s/ Sean Sullivan as attorney-in-fact
Issuer symbol
N/A
Transactions as of
24 Dec 2024
Net transactions value
-$100,022
Form type
4
Filing time
26 Dec 2024, 15:30:23 UTC
Previous filing
20 Nov 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Disposed to Issuer $100,022 -9,011 -100% $11.10 0 24 Dec 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

David A. Burwick is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated October 6, 2024, by and among the Issuer, Marlee Buyer, Inc. ("Parent") and Marlee Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger, each issued and outstanding share of the Issuer's Common Stock, par value $0.01 per share owned by the Reporting Person was cancelled and converted into the right to receive $11.10 per share in cash without interest.