William H. Sheffield - Jun 15, 2021 Form 4 Insider Report for Houston Wire & Cable CO (HWCC)

Role
Director
Signature
/S/TAMIKA HOWARD, ATTORNEY-IN-FACT
Stock symbol
HWCC
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 08:06 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HWCC COMMON STOCK Disposed to Issuer -30K -100% 0 Jun 15, 2021 Direct F1

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 HWCC RESTRICTED STOCK UNIT Disposed to Issuer -54.6K -100% 0 Jun 15, 2021 COMMON STOCK 54.6K Direct F2
transaction HWCC STOCK UNIT Disposed to Issuer -11.5K -100% 0 Jun 15, 2021 COMMON STOCK 11.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William H. Sheffield 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 (the "Merger Agreement"), dated as of March 24, 2021, by and among the Omni Cable, LLC, OCDFH Acquisition Sub Inc. ("Merger Sub") and Houston Wire & Cable Company (the "Issuer"), effective as of the effective time of the merger of Merger Sub with and into the Issuer (the "Merger"), these shares of the Issuer's common stock were canceled and converted into the right to receive $5.30 in cash per share (the "Merger Consideration").
F2 Pursuant to the Merger Agreement, effective as of the effective time of the Merger,these restricted stock units were canceled and converted into the right to receive the Merger Consideration.
F3 Pursuant to the Merger Agreement, effective as of the effective time of the Merger, these stock units were canceled and converted into the right to receive the Merger Consideration.