| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARC | Common Stock | Disposed to Issuer | -$554K | -163K | -82.03% | $3.40 | 35.7K | Nov 22, 2024 | Direct | F1, F2, F3 |
| transaction | ARC | Common Stock | Disposed to Issuer | -35.7K | -100% | 0 | Nov 22, 2024 | Direct | F1, F3 | ||
| transaction | ARC | Common Stock | Disposed to Issuer | -$27.2K | -8K | -100% | $3.40 | 0 | Nov 22, 2024 | By Roth IRA | F1, F2 |
| transaction | ARC | Common Stock | Disposed to Issuer | -$34K | -10K | -100% | $3.40 | 0 | Nov 22, 2024 | By IRA | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARC | Option (right to buy) | Disposed to Issuer | -20.4K | -100% | 0 | Nov 22, 2024 | Common Stock | 20.4K | $1.28 | Direct | F1, F4 |
Bradford L. Brooks is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Represents securities disposed of under the Agreement and Plan of Merger (as amended, the 'Merger Agreement') dated August 27, 2024, by and among ARC Document Solutions, Inc. (the 'Company') TechPrint Holdings, LLC ('Parent'), TechPrint Merger Sub, Inc. ('Merger Sub'), under which Merger Sub merged with and into the Company (the 'Merger'), with the Company surviving as the surviving corporation ('Surviving Corporation') in the Merger. |
| F2 | At the effective time of the Merger (the 'Effective Time'), each of these shares of common stock of the Company ('Shares') was cancelled and converted into the right to receive $3.40 (the 'Merger Consideration') in cash without interest thereon. |
| F3 | Represents unvested restricted stock which, under the Merger Agreement, at the Effective Time, were cancelled and converted into the right to receive a cash payment equal to the product of (i) the number of unvested Shares covered thereby multiplied by (ii) the Merger Consideration, less applicable taxes and authorized deductions. |
| F4 | Under the Merger Agreement, at the Effective Time, each of these options, whether vested or unvested, was converted into the right to receive an amount in cash, without interest, equal to the product of (i) the amount by which the Merger Consideration exceeds the exercise price per share of such company option and (ii) the aggregate number of Shares remaining issuable upon exercise of such company option, less applicable taxes and authorized deductions. |