John C. Kennedy - Feb 8, 2023 Form 4 Insider Report for Horizon Global Corp (HZN)

Role
Director
Signature
/s/ Paula Reno, Attorney-in-Fact
Stock symbol
HZN
Transactions as of
Feb 8, 2023
Transactions value $
-$2,083,944
Form type
4
Date filed
2/9/2023, 07:58 PM
Previous filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HZN Common Stock Disposition pursuant to a tender of shares in a change of control transaction -$1.54M -879K -96.35% $1.75 33.3K Feb 8, 2023 Direct F1
transaction HZN Common Stock Disposed to Issuer -$58.3K -33.3K -100% $1.75 0 Feb 8, 2023 Direct F1
transaction HZN Common Stock Disposition pursuant to a tender of shares in a change of control transaction -$487K -278K -100% $1.75 0 Feb 8, 2023 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John C. Kennedy 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, dated December 30, 2022, by and among First Brands Group, LLC, PHX Merger Sub, Inc. ("Merger Sub") and the Issuer (the "Merger Agreement") by which Merger Sub merged with and into Issuer, with Issuer continuing as the surviving corporation (the "Merger"), shares of Issuer Common Stock were tendered by the Insider, and outstanding restricted stock units ("RSUs") were canceled, for the per-unit or per-share purchase price of $1.75.
F2 By limited liability company