William Franklin Hipp - Feb 3, 2023 Form 4 Insider Report for STORE CAPITAL Corp (STOR)

Role
Director
Signature
/s/ William Franklin Hipp, by Chad A. Freed, as Attorney-in-Fact
Stock symbol
STOR
Transactions as of
Feb 3, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 04:04 PM
Previous filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STOR Common Stock Disposed to Issuer $0 -44.7K -100% $0.00* 0 Feb 3, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William Franklin Hipp 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 ("Merger Agreement") dated September 15, 2022, by and among Issuer, Ivory Parent, LLC ("Parent") and Ivory REIT, LLC, a wholly owned subsidiary of Parent ("Acquisition Sub"), on February 3, 2023 ("Closing Date"), Issuer merged with and into the Acquisition Sub ("Merger"), with Acquisition Sub continuing as the surviving corporation and a wholly owned subsidiary of Parent. Parent and Acquisition Sub are affiliates of GIC and Oak Street Real Estate Capital. In connection with the Merger, these shares were cancelled and converted into the right to receive $32.25 in cash, without interest, per share, subject to terms and conditions of the Merger Agreement (the "Merger Consideration"). Immediately prior to the Merger, any outstanding restricted shares became fully vested and subject to the right to receive an amount in cash equal to the Merger Consideration, less any applicable withholding taxes.