Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SIRE | Common units representing limited partner interests | Disposed to Issuer | -$984K | -39.4K | -100% | $25.00 | 0 | May 26, 2023 | Direct | F1 |
Michael E. Ducey is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | The Reporting Person ceased to beneficially own the common units representing limited partner interests ("Common Units") in the Issuer reported herein at the Effective Time (as defined below) of the merger (the "Merger") of Sisecam Chemicals Newco LLC, a Delaware limited liability company ("Merger Sub"), with and into the Issuer, with the Issuer surviving the merger and continuing to exist as a Delaware limited partnership. The Merger was effected pursuant to the Agreement and Plan of Merger, dated as of February 1, 2023 (the "Merger Agreement"), by and among the Issuer, Merger Sub and the other parties thereto. The Merger closed and was effective at on May 26, 2023 (the "Effective Time"). At the Effective Time, each Common Unit held by the Reporting Person immediately prior to the Merger converted into the right to receive $25.00 per Common Unit in cash without any interest thereon. |