Howard Lederman - 04 Oct 2021 Form 4 Insider Report for Land Newco, Inc.

Role
Vice President, Tax, Director
Signature
/s/ Jeff LaValle, as attorney-in-fact for Howard Lederman
Issuer symbol
N/A
Transactions as of
04 Oct 2021
Net transactions value
$0
Form type
4
Filing time
06 Oct 2021, 16:01:52 UTC
Previous filing
26 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Disposed to Issuer -1,044 -100% 0 04 Oct 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Howard Lederman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 All shares of common stock of the issuer were obtained through a pro rata distribution for no consideration by Rexnord Corporation.
F2 Each share of common stock of the issuer was disposed of and exchanged for approximately 0.2230 shares of common stock of Regal Rexnord Corporation (f.k.a. Regal Beloit Corporation) (with a closing price of $151.00 per share on October 4, 2021), pursuant to the Agreement and Plan of Merger, dated as of February 15, 2021, by and among Rexnord Corporation, Regal Beloit Corporation, the issuer and Phoenix 2021, Inc.