Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSKE | Common Stock | Disposed to Issuer | -$797K | -96.1K | -100% | $8.30 | 0 | Apr 1, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | DSKE | Restricted Stock Unit | Disposed to Issuer | -30.5K | -19.99% | 122K | Apr 1, 2024 | Common Stock | 30.5K | Direct | F1, F3, F4, F5 | |||
transaction | DSKE | Restricted Stock Unit | Disposed to Issuer | -113K | -92.19% | 9.52K | Apr 1, 2024 | Common Stock | 113K | Direct | F1, F3, F5, F6 | |||
transaction | DSKE | Restricted Stock Unit | Disposed to Issuer | -9.52K | -100% | 0 | Apr 1, 2024 | Common Stock | 9.52K | Direct | F1, F3, F5, F7 |
Aaron Coley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Pursuant to the Agreement and Plan of Merger, dated as of December 22, 2023 (the "Merger Agreement"), by and among the Issuer, TFI International Inc., a corporation incorporated pursuant to the Canada Business Corporations Act ("Parent"), and Diocletian MergerCo, Inc., a Delaware corporation and an indirect, wholly owned subsidiary of Parent ("Acquisition Sub"), Acquisition Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as an indirect, wholly owned subsidiary of Parent. |
F2 | At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each share of common stock, par value $0.0001 per share, of the Issuer ("common stock") that was issued and outstanding immediately prior to the Effective Time was automatically canceled and converted into the right to receive $8.30 in cash (the "Merger Consideration"), without interest and less any applicable withholding taxes. |
F3 | Prior to the Effective Time, each restricted stock unit ("RSU") represented a contingent right to receive one share of common stock. |
F4 | On October 28, 2022, the Reporting Person received 45,714 RSUs (15,236 of which vested on March 1, 2024, 15,236 of which are scheduled to vest on March 1, 2025 and 15,242 of which are scheduled to vest on March 1, 2026). |
F5 | At the Effective Time, the Reporting Person's unvested RSUs were automatically canceled and converted into the right to receive an amount in cash (without interest and subject to applicable withholding taxes) equal to the product of (a) the number of shares of common stock subject to such RSUs and (b) the Merger Consideration. |
F6 | On October 28, 2022, the Reporting Person received 225,000 RSUs (112,500 of which vested on October 28, 2023 and 112,500 of which are scheduled to vest on October 28, 2024). |
F7 | On August 18, 2023, the Reporting Person received 9,524 RSUs (3,174 of which are scheduled to vest on July 1, 2024; 3,174 of which are scheduled to vest on March 1, 2025; and 3,176 of which are scheduled to vest on March 1, 2026). |