Mary J. Hopkins - 27 Dec 2021 Form 4 Insider Report for TERMINIX GLOBAL HOLDINGS INC

Signature
/s/ Dirk R. Gardner, attorney in fact for Mary J. Hopkins
Issuer symbol
N/A
Transactions as of
27 Dec 2021
Net transactions value
$0
Form type
4
Filing time
29 Dec 2021, 16:10:03 UTC
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMX Common Stock Options Exercise +949 +43% 3,180 27 Dec 2021 Direct F1
transaction TMX Common Stock Options Exercise +1,679 +53% 4,859 27 Dec 2021 Direct F2
transaction TMX Common Stock Options Exercise +1,088 +22% 5,947 27 Dec 2021 Direct F3

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 TMX Restricted Stock Units Options Exercise -949 -100% 0 27 Dec 2021 Common Stock 949 Direct F1
transaction TMX Restricted Stock Units Options Exercise -1,679 -50% 1,678 27 Dec 2021 Common Stock 1,679 Direct F2
transaction TMX Restricted Stock Units Options Exercise -1,088 -33% 2,176 27 Dec 2021 Common Stock 1,088 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on February 18, 2019, and vest and settle in three equal installments, subject to continued employment with the Company. As previously disclosed in the Company's Form 8-K, filed on December 14, 2021, the vesting and settlement of time-vesting restricted stock unit awards that would have otherwise vested and settled in 2022 on or before March 4, 2022, was accelerated to December 27, 2021 to mitigate possible adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code that could arise in connection with the closing of the transactions contemplated by the merger agreement with Rentokil Initial plc.
F2 Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on March 4, 2020, and vest and settle in three equal installments, subject to continued employment with the Company. As previously disclosed in the Company's Form 8-K, filed on December 14, 2021, the vesting and settlement of time-vesting restricted stock unit awards that would have otherwise vested and settled in 2022 on or before March 4, 2022, was accelerated to December 27, 2021 to mitigate possible adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code that could arise in connection with the closing of the transactions contemplated by the merger agreement with Rentokil Initial plc.
F3 Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on March 3, 2021, and vest and settle in three equal installments, subject to continued employment with the Company. As previously disclosed in the Company's Form 8-K, filed on December 14, 2021, the vesting and settlement of time-vesting restricted stock unit awards that would have otherwise vested and settled in 2022 on or before March 4, 2022, was accelerated to December 27, 2021 to mitigate possible adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code that could arise in connection with the closing of the transactions contemplated by the merger agreement with Rentokil Initial plc.