Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AGFS | Common Stock | Disposed to Issuer | -$2.86M | -954K | -100% | $3.00 | 0 | Mar 31, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AGFS | Employee Stock Option (right to buy) | Disposed to Issuer | $0 | -182K | -100% | $0.00* | 0 | Mar 31, 2023 | Common Stock | 182K | $2.07 | Direct | F2 |
Clinton A. Lewis Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Disposed of pursuant to an Agreement and Plan of Merger entered into by and among the Issuer, Project Cloud Holdings, LLC and Project Cloud Merger Sub, Inc. dated November 21, 2022 (the "Merger Agreement"). Pursuant to the Merger Agreement, each outstanding share of Issuer's common stock was converted into the right to receive $3.00 per share in cash without interest. |
F2 | At the effective time of the merger pursuant to the Merger Agreement, the unexercised portion of the option was vested in full and canceled in the merger in exchange for the right to cash payment equal to, for each share subject to the option, the difference between the exercise price of the option and $3.00, less applicable tax withholdings, without interest. |