C. Scott Gibson - 04 Aug 2023 Form 4 Insider Report for WIRELESS TELECOM GROUP INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Aug 2023, 19:31:52 UTC
Prior SEC filing
16 Jun 2023
Next SEC filing
16 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Kandell, as Attorney in Fact for Scott Gibson

Key filing fact

C. Scott Gibson filed Form 4 for WIRELESS TELECOM GROUP INC on 04 Aug 2023.

Key facts

  • This page summarizes C. Scott Gibson's Form 4 filing for WIRELESS TELECOM GROUP INC.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Aug 2023, 19:31.

Change

  • Previous filing in this sequence was filed on 16 Jun 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WTT transaction

Common Stock, par value $0.01 per share

Disposed to Issuer

Transaction value
Shares
-60,650
Change %
-100%
Price
Shares after
0
Date
04 Aug 2023
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

C. Scott Gibson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 24, 2023, by and among the Issuer, Maury Microwave, Inc., a Delaware corporation ("Maury"), and Troy Merger Sub, Inc., a New Jersey corporation wholly-owned by Maury ("Merger Sub"), effective August 4, 2023 (the "Effective Time"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a wholly-owned subsidiary of Maury.

Footnote F2

Pursuant to the Merger Agreement, at the Effective Time, each share of Issuer common stock, par value $0.01 per share ("Issuer Common Stock"), issued and outstanding immediately prior to the Effective Time, was converted into the right to receive a cash payment of $2.13 per share in cash (the "Merger Consideration), without interest and less applicable withholding taxes.

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit award that was outstanding, accelerated in full and was cancelled, and each share of Issuer Common Stock that was subject to such award was converted into the right to receive a cash payment of $2.13 per share in cash, without interest and less applicable withholding taxes.

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